Account Exercise 6-7 (Algo) Sell or Process Further Decisions [LO6-7]Dorsey Company manufactures three products from a common input in a joint processing operation. Joint processing costs up to thesplit-off point total $320,000 per quarter. For financial reporting purposes, the company allocates these costs to the joint products onthe basis of their relative sales value at the split-off point. Unit selling prices and total output at the split-off point are as follows:ProductABсSelling Price$ 14.00 per pound$ 8.00 per pound$ 20.00 per gallonProductABсEach product can be processed further after the split-off point. Additional processing requires no special facilities. The additionalprocessing costs (per quarter) and unit selling prices after further processing are given below:AdditionalProcessingCostsQuarterly Output11,800 pounds18,500 pounds3,000 gallons$ 56,850$ 80,875$ 31,300Selling Price$ 18.50 per pound$ 13.50 per pound$ 27.50 per gallonRequired:1. What is the financial advantage (disadvantage) of further processing each of the three products beyond the split-off point?2. Based on your analysis in requirement 1, which product or products should be sold at the split-off point and which product orproducts should be processed further?

The joint processing costs up to the split-off point are allocated to the joint products on the…

Answered: Dorsey Company manufactures three…

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