Required information [The following information applies to the questions displayed below.] Lafayette Company manufactures two products out of a joint process: Compod and Ultrasene. The joint costs incurred are $250,000 for a standard production run that generates 120,000 gallons of Compod and 80,000 gallons of Ultrasene. Compod sells for $2.00 per gallon while Ultrasene sells for $3.25 per gallon.4. Assuming the same data as in requirement 3, suppose Com pod can be processed further into a product called lCompodalener at an additional cost of$0.40 per gallon. Compodalene will be sold for $2.60 per gallon by independent distributors. The distributors' commission will be \"IO percent of the sales price. Calculate the incremental gain or loss from further processing Compod into Compodalene. [Hound your answer lo 2 decimal place-5.] 6. Assume the same data as given in parts 3 and 4. The industrial chemical industry has experienced a downturn, which has left Lafayette with idle capacity. Suppose Lafayette can sell only half of the Compod made in each production run, but the remainder could be sold as Compodalene. a. Should Lafayette process the remaining Compod into Compodalene? b. Calculate the contribution per unit that Compodalene makes towards covering the joint production cost, fixed costs, and profit. * Answer is not complete. Complete this question by entering your answers in the tabs below. Req 6A Req 6B Calculate the contribution per unit that Compodalene makes towards covering the joint production cost, fixed costs, and profit. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Contribution to the joint production cost, fixed costs, and profit per unit