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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 $365,000 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 $23.00 per gallon 13,600 gallons Heating 011 $17.00 per gallon 21,200 gallons Jet Puel $29.00 per gallon 4,800 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 Processing Selling Product Coats Price Gasoline $. 78,540 $28.40 per gallon Heating 041 $113,230 $23.40 per gallon Jet Fuel $ 50,560 $37.40 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 2 Required 1 What is the financial advantage (disadvantage) of further processing each of the three products beyond the spin-off point? Gasoline Home Heating Oil Jet Fuel Financial advantage (disadvantage of further processing Required 2 > Preu costs up to the split-off point total $365,000 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 Selling Price Ganoline $23.00 per gallon 13,600 gallone Heating $17.00 per gallon 21, 200 gallons Jet Fuel $29.00 per gallon 4,800 gallons Product Output 011 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 Processing Selling Product Price Gasoline 5 78,540 $28.40 per gallon Heating $113,230 011 $23.40 per gallon Jet Fuel $ 50,560 $37.40 per gallon Costo . 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 of the split off point and which productor products should be processed further? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Based on your analysis requirement 1, which product or products should be sold at the split-off point and which productor products should be processed further? Gasoline Home Jet Fuel Heating on Sell at split-off point? Process further