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3 2 The Bean Company provides fresh coffee beans for restaurants, hotels, and other food service companies. Bean offers three types of coffee beans: Premium, Gourmet, and Quality. Each of the three coffees is produced in a joint process in which beans are cleaned and corted. The sorting process is the soil off point in this joint process, and the output is the three types of beans. The beans can be sold at the split off point or processed further with different types of roasting and additional sorting The additional processing requires additional separable processing costs, as shown next Separatie processing requires no special facilities, and the production costs of further processing are entirely variable and traceable to the products involved. Last year three products were processed beyond split oft Joint production costs for the year were $100.000.000. Sales values and costs needed to evaluate Bean's production Policy follow BOOK pounds produced Separatie processing cost Pounds sold Total Joint cost Sales pricapound Caftar additional process Salas picat siit 12,000,00 $ 11,0 12.0, Det 14,400,00 19.01. 14,200,00 2,800 $2.000 Total 20.ee, $ 23,00 20 le Port Dances Required: 1. Determine last year's unit cost and unit gross profit for each product assuming Bean Rocates joint production costs using the physical measure method 2. Determine whit cost and unit gross profit for each productir Bean allocates joint costs using the sales value at stoff method 3. Which of Dean's products should be processed further? Complete this question by entering your answers in the tabs below. Required 1 Rueda Secret Which of Dean's products should be processed further Print We Quay Process Farth Gourmet Yes Ne Hegd