The Chapter 13 Form worksheet is to be used to create your own worksheet version of the main example in the text. 2. In industries that process joint products, the costs of the raw materials inputs and the sales values of intermediate and final products are often volatile. Change the data area of your worksheet to match the following: 1 Chapter 13: Applying Excel A B 234567890122111 Data Exhibit 13-7 Santa Maria Wool Cooperative 5 Cost of wool $ 217,000 6 Cost of separation process $ 40,000 Sales value of intermediate products at split-off point: Undyed coarse wool $ 117,000 Undyed fine wool $ 127,000 Undyed superfine wool $ 64,000 11 Costs of further processing (dyeing) intermediate products: Undyed coarse wool $ 50,000 Undyed fine wool $ 60,000 Undyed superfine wool $ 10,000 15 Sales value of end products: Dyed coarse wool 17 Dyed fine wool 18 Dyed superfine wool $ 156,000 $ 220,000 $ 100,000 If your formulas are correct, you should get the correct answers to the following questions. a. What is the overall profit if all intermediate products are processed into final products? Overall profit from processing all intermediate products b. What is the financial advantage (disadvantage) from further processing? from further processing undyed coarse wool from further processing undyed fine wool from further processing undyed superfine wool