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Please answer require 1, 2 Dorsey Company manufactures three products from a common input in a joint processing operation. Joint processing costs up to the

image text in transcribedPlease answer require 1, 2

Dorsey Company manufactures three products from a common input in a joint processing operation. Joint processing costs up to the split-off point total $350,000 per quarter. 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: Quarterly Output 15, 000 pounds 20, 000 pounds 4, 000 gallons Product Selling Price 16 per pound 8 per pound 25 per gallon A C 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 Costs Price $63, 000 $80, 000 $36, 000 $20 per pound $13 per pound $32 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? (Enter "disadvantages" negative value.) as a Product B Product A Product C Financial advantage (disadvantage) of further processing

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