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16. (10 points) Barre Company produces three products, Baro1, Best2 and Caro3. During the current period joint processing costs were $200,000. Production and sales value information for the period are as follows: All products can be processed further and sold as a higher-grade product. The final selling price after additional processing is as follows: Deluxe Baro 1$28.00 per pound, Premium Best 2$34.00 per pound and Super Caro3 $27.00 per pound. The separable costs related to further processing of these products are as follows: Deluxe Baro1 =$64,000, Premium Best2 =$30,000, Super Caro3 =$8,000. a. Determine the amount of joint costs allocated to each product using the Sales Values at Split-Off method. b. Determine the amount of joint costs allocated to each product using the Net Realizable Value method. c. What product mix combination of the production and sales of each product maximizes Operating Income for Barre Co.? Show calculations to support your