Iaci Company makes two products from a common input. Joint processing costs up to the split-off point total $42,000 a year. The company allocates these costs to the joint products on the basis of their total sales values at the split-off point. Each product may be sold at the split-off point or processed further. Data concerning these products appear below: Product X Product Y Total Allocated joint processing costs $22,400 $19,600 $42,000 Sales value at split-off point $32,000 $28,000 $60,000 Costs of further processing $16,100 $23,500 $39,600 Sales value after further processing $48,400 $52,300 $100,700 Required: (a) What is the net monetary advantage (disadvantage) of processing Product X beyond the split-off point? (b) What is the net monetary advantage (disadvantage) of processing Product Y beyond the split-off point? (c) What is the minimum amount the company should accept for Product X if it is to be sold at the split-off point? (d) What is the minimum amount the company should accept for Product Y if it is to be sold at the split-off point?