I need to verify if the answers are correct, I think i did it wrong.

Interlock Soy Products (USP) buys soybeans and processes them into other soy products. Each ton of soybeans that USP purchases for $320 can be converted for an additional $200 into 650 lbs of soy meal and 160 gallons of soy oil. A pound of soy meal can be sold at splitoff for $1.32 and soy oil can be sold in bulk for $4.75 per gallon. USP can process the 650 pounds of soy meal into 700 pounds of soy cookies at an additional cost of $370. Each pound of soy cookies can be sold for $2.32 per pound. The 160 gallons of soy oil can be packaged at a cost of $240 and made into 640 quarts of Soyola. Each quart of Soyola can be sold for $1.15. Read the _ Requirement 1. Allocate the joint cost to the cookies and the Soyola using the (a) Sales value at splitoft method and (b) NRV method. a. First, allocate the joint cost using the Sales value at spliloft method. (Round the weights to three decimal places and joint costs to the nearest dollar.) Cookies! Soyola] Soy Meal Soy Oil Total Sales value of total production at splitoff 358 760 1618 Weighting 53.03 47.00 100 Joint costs allocated 50019 713 1213.19 b. New allocate the joint cost to the cookies and the Soyola using the NRV method. (Round the weights to three decimal places and joint costs to the nearest dollar.) Cookies Soyola Total Flnal sales value of total production 1624 736 2360 Deduct separable costs 37 240 610 Net realizable value A _496 Welghtlng 71.66 28.34 100 Joint costs allocated 40850 151.54 570.04 Requirement 2. Should USP have processed each of the products further? What effect does the allocation method have on this decision? Begin by calculating the prot or loss that would occur if USP processed the products further. (Use parentheses or a minus sign for losses.) Requirement 2. Should USP have processed each of the products further? What effect does the allocation method have on this decision? Begin by calculating the prot or loss that would occur if USP processed the products further. (Use parentheses or a minus sign for losses.) Cookies! Soyolal Soy Meal Soy Oil Sell at splitoff: Revenue Process further : NRV J Profit (Loss) from processing further (756) USP should the soy meal because it prot. They should the soy oil because prot will be lower if they do . Since the total joint cost is under both allocation methods, it a relevant cost to the decision to sell at splitoff or process further