Molo Oll 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 $375,000 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 $ 25.ee per gallon 14,000 gallons Heating oil $ 19.69 per gallon 21,800 gallons Jet Fuel $ 31.ee per gallon 5,20 gallons 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 $ 83,800 $30.68 per gallon Heating oil $121,888 $25.68 per gallon Jet Fuel $ 55, 280 $39.68 per gallon oue Heating Oil Jet Fuel $121,080 $ 55, 280 >30.ou per gallon $25.60 per gallon $39.60 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? Complete this question by entering your answers in the tabs below. Required 1 Required 2 What is the financial advantage (disadvantage) of further processing each of the three products beyond the split-off point? Gasoline Home Heating Oil Jet Fuel Financial advantage (disadvantage) of further processing (Required 1 Required 2 > 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? Complete this question by entering your answers in the tabs below. Required 1 Required 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? Home Gasoline Jet Fuel Heating Oil Sell at split-off point? Process further?