QUESTION 1) Riviera Company has a factory specialized in dairy production. It processes raw milk and converts it into 3 products through a joint production process; "Butter", "Cream Cheese" and "Cheese". All of the joint products can be sold at the spilt-off point, but all of them can also be further processed into more premium products by adding some flavors and they can be sold after further processing. The joint cost for June 2020 was $540,000 and other information about the company's products for June 2020 were as follows: Kilograms Produced 98,000 Price at Selling Price After Split-Off Further Processing Further Processing (per kg) Cost per kilogram (per kg) 8 2 12 Products Butter Cream Cheese Cheese 20 125,000 77,000 7 10 6 3 16 REQUIRED: a) Calculate the unit costs for each of the joint products under the each method mentioned below; a) Physical Units Method b) Sales-Value-At-Split-Off Method c) Net Realizable Value Method b) Now compare the unit cost you have computed under each method above. Assume that you are the financial consultant of this company, and the boss asked you for an advice. Which method is more suitable for this company? Briefly explain your answer based on your findings (unit cost) and other factors, if necessary