Y Maza Drink Company processes direct materials up to the split-off point where two products, X and Y, are obtained. The following information was collected for the month of July 2020: Direct materials processed 2,500 liters (with 20% shrinkage) Production: 1,500 liters 500 liters Sales: x $15 per liter Y $10 per liter The joint cost of purchasing 2,500 liters of direct materials and processing it up to the split- off point to yield a total of 2,000 liters of good products was $4,500. There were no inventory balances of X and Y. Product X may be processed further to yield 1,375 liters of Product A5 for an additional processing cost of $150. Product A5 is sold for $25 per liter. There was no beginning inventory and ending inventory. Product Y may be processed further to yield 375 liters of Product B3 for an additional processing cost of $275. Product B3 is sold for $30 per liter. There was no beginning and ending inventory. Required: a) Determine the joint costs allocated to each product if the physical volume method (liters) is used. (4 marks) b) Determine the joint costs allocated to each product if the sales value at split-off method is used. (4 marks) c) ine the joint costs all to each product if estimated net realizable value method is used. (4 marks) Dete d) Discuss two strengths and two weaknesses of using the physical measures in allocating joint costs. (4 marks)