Specia Order, Traditional Analysis Fiorello Company manufactures two types of cold-pressed olive oil, Refined Oil and Top Quality Oil, out of a joint process. The joint (common) costs incurred are $92,500 for a standard production run that generates 32,000 gallons of Refined 0 il and 16,000 gatlons of Top Quality Oil, Additional processing costs beyond the split-off point are $2.55 pec galion for Refined Oil and \$1.90 per gallon for Top Quality Oil. Refined Ol selis for $4.50 per gallon, while Top Quality Oil seils for $8.25 per gallon. MangiareBuono, a supermarket chain, has asked Fiorello to supply it with 32,000 gallons of Top Quality Oil at a price of 58.05 per gallon. Mangiarebuono plans to have the oll bottled in 16-ounce bottles with Its own ManglareBuono label. If Foreilo accepts the order, it will save $0.25 per gallon in packaging of Top Qualify oil. There is sulficient excess capacity for the ordee. However, the market for Refined Oil is saturated, and any additional sales of Refined Oil would take place at a price of $3.30 per. gallion. Assume that no significant non-unit-level activity costs are incurred. Required: 1. What is the profit normally eamed on one peoduction run of Refined Oil and Top Quality Oil? 2. Should Fiorelto accept the special order