[The following information applies to the questions displayed below1 General Chemical Company (GCC) manufactures two products as part of a joint process: A1 and B1. Joint costs up to the split-off point total $22,500. The joint costs are allocated to A1 and B1 in proportion to their relative sales values. At the split-off point, product A1 can be sold for $37,100, whereas product B1 can be sold for $68,900. Product A1 can be processed further to make product A2, at an incremental cost of $38,500. A2 can be sold for $85,500. Product B1 can be processed further to make product B2, at an incremental cost of $48,500. B2 can be sold for $95,500 Joint costs allocated to product A1 total: 5:26 Multiple Choice $11,250 $14,625 57.875 $22.500. 16 17 18 of 30Next>