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Ibsen Company makes two products from a common input. Joint processing costs up to the split - off point total $ 4 9 , 0

Ibsen Company makes two products from a common input. Joint processing costs up to the split-off point total $49,000 a year. The company allocates these costs to the joint products on the basis of their total sales values at the split-off point. Each product may be sold at the split-off point or processed further. Data concerning these products appear below:Product XProduct YTotalAllocated joint processing costs$ 19,600$ 29,400$ 49,000Sales value at split-off point$ 20,000$ 30,000$ 50,000Costs of further processing$ 24,900$ 19,200$ 44,100Sales value after further processing$ 39,200$ 59,70098,900Required:a. What is financial advantage (disadvantage) of processing Product X beyond the split-off point?b. What is financial advantage (disadvantage) of processing Product Y beyond the split-off point?

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