Ibsen Company makes two products from a common input. Joint processing costs up to the split-off point total $49,500 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 Product X $ 29,700 Product Y $ 19,800 Total $ 49,500 Sales value at split-off point $ 30,000 $ 20,000 $ 50,000 Costs of further processing $ 23,600 $ 17,900 $ 41,500 Sales value after further processing $ 49,400 $ 57,100 $ 106,500 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? a. b. c. Minimum acceptable amount d. Minimum acceptable amount Prev 2 of 10 Next