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It Moving in an this response Question 1 The Breakie Cereal Company manufactures two breakfast cereals in a joint process using com, Cost and quantity imation is an follows Joint costs Cereal Quantity at Split-Off Sales Price per Point Kilogram Pops 15,000 kilograms $3.50 $40,000 Flakes 5,000 kilograms $1.50 The Breakie Cereal Company has an opportunity to process Flakes further into a mulch for ornamental shrubs. The additional processing costs is 50.50 per kilogram, and the mulch will sell for $3.00 per kilogram. Required: 1. Use the physical-units method to allocate the company's joint production cost between Pops and Flakes. Round the relative proportion to 2 decimal places. (2 marks) 2. Use the relative-sales-value method to allocate the company's joint production cost between Pops and Flakes. Round the relative proportion to 3 decimal places. (2 marks) 3. Prepare an analysis to assist management to decide whether or not to process the Flakes into mulch. (3 marks) 4. Suppose the company does process Flakes into mulch. Use the net realisable value method to allocate the joint production costs between the Mulch and Pops. Round the relative proportion to 3 decimal places