n6 Search d ut of =Q 1 Sugar Cane Company processes sugar beets into three products. During April, the joint costs of processing were $120.000. Production and sales value information for the month were as follows: Sales Value at Product Units Produced Split off Point Separable costs New Quantity after processing Sugar 6,000 tons $40,000 $12.000 5000 Tons Sugar Syrup 4,000 35,000 32,000 3000 Fructose Syrup 2,000 25,000 16,000 1500 Required: 1. Determine the amount of joint cost allocated to each product if the sales value at split off method is used. 2. If the companies process the products, it can sell it for $60000; 50,000 and 350000 respectively. Use processing further to compute the cost of production and COGS. 3. Assume the company sold 2000 ton from sugar, compute the gross income given the sales price /unit 25$ Finis i B. : B