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splitoff for $1.48, and soy oil can be sold in bulk for $4.25 per gallon. Soyola can be sold for $1.35. Required 1. Allocate the

image text in transcribed splitoff for $1.48, and soy oil can be sold in bulk for $4.25 per gallon. Soyola can be sold for $1.35. Required 1. Allocate the joint cost to the cookies and the Soyola using: a. Sales value at splitoff method b. NRV method 2. Should the company have processed each of the products further? What effect does the allocation method have on this decision

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