Required information [The following information applies to the questions displayed below] Valdosta Chemical Company manufactures two industrial chemical products in a joint process. In May, 10,000 gallons of input costing $73,800 were processed at a cost of $184,500. The joint process resulted in 8,000 pounds of Resoline and 2,000 pounds of Krypto. Resoline sells for $25 per pound, and Krypto sells for $50 per pound. Management generally processes each of these chemicals further in separable processes to produce more refined chemical products. Resoline is processed separately at a cost of $5 per pound. The resulting product, Resolite, sells for $35 per pound. Krypto is processed separately at a cost of $15 per pound. The resulting product, Kryptite, sells for $95 per pound. Required: 2-a. Allocate the company's joint production costs for May using the physical-units method. 2-b. Allocate the company's joint production costs for May using the relative-sales-value method. 2-c. Allocate the company's joint production costs for May using the net-realizable-value method. 3-a. Valdosta's management is considering an opportunity to process Kryptite further into a new product called Omega. The separable processing will cost $40 per pound. Packaging costs for Omega are projected to be $6 per pound, and the anticipated sales price is $130 per pound. Calculate the incremental profit or loss from processing Kryptite into Omega. 3-b. Should Kryptite be processed further into Omega? Complete this question by entering your answers in the tabs below. Req 2A Reg 28 Req 2C Reg 3A Req 38 Allocate the company's joint production costs for May using the physical-units method. Complete this question by entering your answers in the tabs below. Req 2A Req 2B Req 20 Req 3A Req 3B Allocate the company's joint production costs for May using the physical-units method. Note: Do not round intermediate calculations. Joint Products Allocation of Joint Cost Resoline $ Krypto Total 206,640 51,660 258,300 Req 2B > Complete this question by entering your answers in the tabs below. Req 2A q 2B Req 2C Req 3A Req 3B Allocate the company's joint production costs for May using the relative-sales-value method. Note: Do not round intermediate calculations. Joint Products Allocation of Joint Cost Resoline 172,200 Krypto 86,100 Total 258,300 < Req 2A Req 2C > Req 2A Req 2B Req 2 Req 3A Req 3B Allocate the company's joint production costs for May using the net-realizable-value method. Note: Do not round intermediate calculations. Joint Products Allocation of Joint Cost Resolite $ 210,142x Kryptite 48,158 Total $ 258,300 < Req 2B Req 3A > "Red text indicates no response was expected in a cell or a formula-based calculation is incorrect: no points deducted. Complete this question by entering your answers in the tabs below. Req 2A Req 2B Req 2C Req 3A Req 3B Valdosta's management is considering an opportunity to process Kryptite further into a new product separable processing will cost $40 per pound. Packaging costs for Omega are projected to be $6 per anticipated sales price is $130 per pound. Calculate the incremental profit or loss from processing Kry Incremental gain 168,000 x per pound < Req 2C Req 3B >