Q1- Harris Corp. manufactures three products from a common input in a joint processing operation. Joint processing costs up to the split-off point total $200,000 per year. The company allocates these costs to the joint products on the basis of their total sales value at the split-off point. Each product may be sold at the split-off point or processed further. The additional processing costs and sales value after further processing for each product (on an annual basis) are: Sales Value Further After Sales Value Processing Further at Split-Off Costs Processing Product J.... $180,000 $60,000 $230,000 Product K .. $135,000 $105,000 $280,000 Product L... $95,000 $85,000 $160,000 The "Further Processing Costs" consist of variable and avoidable fixed costs. Required: Which product or products should be sold at the split-off point, and which product or products should be processed further? Show computations