The Gows Company processes unprocessed goat milk up to the splitoff point where two produacts, comdensed gost milk and skim goat milk result. The following information was collected for the month of October Direct Materials processed: 130000 gallons (shrinkage was 10%) condensed goat milk skim goat milk Production 52,200 gallons 64,800 gallons Sales $3.50 per gallon $2.50 per gallon The costs of purchasing the 130,000 gallons of unprocessed gont milk and processing it up to the splitoff point to yield a total of 117,000 gallons of salable product was $144,480. There were no inventory balances of either product. Condensed goat milk may be processed further to yield 39,000 gallons (the remainder is shrinkage) of a medicinal malk product, Xyla, for an additional processing cost of $3 per usable gallon. Xyla can be sold for $18 per gallon Skim goat milk can be processed further to yield 56,200 gallons of skim goat ice cream, for an additional processing cost per usable gallon of $2.50. The product can be sold for $9 per gallon.: a. Using the sales value at splitoff method, allocate the joint cost ($144,480) to condensed goat malk and skim t milk condensed gost milk sim goat milk Sales value at split-off Weights Joint costs allocated b. Using the sales value at splitoff method, calculate gross-margin percentage for skim goat milk at the splitoff e. Using net realizable value method, allocate the joint cost ($144.480) to condensed goat milk and skim goat condensed goat milkskim goat mi skim goat milk Final sales valuc Net realizable valuc at split-off Weights Joint costs allocated d. How much (if any) extra income woiuld the company carn if it produced and sold all of the Xyla from the condensed goat milk (instcad of selling condensed goat milk)