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 $380,000 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: Product Selling Price Gasoline $26.00 per gallon Heating oil $ 2.ee per gallon Jet Fuel $32.ee per gallon Monthly Output 14, 200 gallons 22,100 gallons 5,4ee 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 Product Processing Costs Gasoline $ 86,49 Heating $125,095 oll Jet Fuel $ 57,789 Selling Price $31.7e per gallon $26.70 per gallon $48.70 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 productor products should be processed further? Complete this question by entering your answers in the tabs below. Required 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 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 Heating out Jet Fuel Sell at split-off point? Process further?