Molo Oil Company produces gasoline, home heating oil, and jet fuel from crude oil in a joint processing operation Joint processing costs up to the split-off point total $330,000 per month. For financial reporting purposes, the company allocates these costs to the joint products on the basis of their relative sales value at the split-off point. Unit selling prices and total output at the split-off point are as follows: Monthly Product Selling Price Output Gasoline $ 16.ee per gallon 12, 2ee gallons Heating $ 10.ee per gallon 19,1ee gallons Jet Fuel $ 22.00 per gallon 3,400 gallons Oil Each product can be processed further after the split-off point. Additional processing requires no special facilities. The additional processing costs (per quarter) and unit selling prices after further processing are given below Additional Selling Product Processing Costs Price Gasoline $61,390 $20.70 per gallon Heating Oil $87,645 $15.70 per gallon Jet Fuel $35, 300 $29.70 per gallon Required: 1. What is the financial advantage (disadvantage) of further processing each of the three products beyond the split-off point? 2. Based on your analysis in requirement 1, which product or products should be sold at the split-off point and which product or products should be processed further