Ibsen Company makes two products from a common input. Joint processing costs up to the split-off point total $40,000 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: Allocated joint processing costs Sales value at split-off point Costs of further processing Sales value after further processing Product x $ 24,000 $ 30,000 $ 22,400 $ 47,000 Product Y $ 16,000 $ 20,000 $ 16,700 $ 54,700 Total $ 40,000 $ 50,000 $ 39,100 $101,700 Required: a. What is financial advantage (disadvantage) of processing Product X beyond the split-off point? (Negative amount should be indicated by a minus sign.) b. What is financial 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? d Financial advantage