Ibsen Company makes two products from a common input. Joint processing costs up to the split-off point total $47,000 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 Required: Product X $ 18,800 Product Y $ 20,000 $ 24,500 $ 28,200 $ 30,000 $ 18,800 Total $ 47,000 $ 50,000 $ 43,300 $ 38,400 $ 58,900 $ 97,300 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. Financial disadvantage b. Financial advantage c. Minimum acceptable amount d. Minimum acceptable amount