Processing beyond split-off and cost allocations A L-A-Buzz makes three products from a joint production process using honey.Joint cost for the process for the year is $123.200. Per Unit incremental Units of Selling Price Processing Final Sales Product Output at Split-orr - Cost Price Honey butter 10,000 2.00 $3.00 98.00 Honey jam 20,000 6.40 4.00 14.00 Honey syrup 1.000 300 940 Each container of honey butter, jarri, and syrup, respectively, contains 16 ounces, Bounces, and 3 ounces of produul. a. Determine which products should be processed beyond the solit-off point. Process Further? Horrey buite Honeyjam 6 Honry syrup b. Assume honey syrup should be treated as a by-product. Allocate the joint cost based on 1) units produced, (2) weight, and (3) sales value at split-off. Use the net realizable value approach, assuming by product revenues reduce joint production costs. 3 (1) Joint costs allocated based on units produced Honey buiters 0 Horreja Total 0 (2) Joint costs allocated based on weigh Honny butters Honry Jam Total 0 (2) Joint costs allocated based on sales value al split-aff Note: Round proportions to the nearest whole percentage and dollar amounts to the nearest whale dollar. Honey buiter 0 Honey jam Total 3