A company makes two products from a common input. Joint processing costs up to the split-off point total $42,000 a year. The company allocates these costs to the joint products on the basis of their total sales values at the split-off point. Each product may be sold at the split-off point or processed further. Data concerning these products appear below: Product 1 Product 2 Total Allocated Joint processing costs $22,000 $19,600 $42,000 Sales value at split-off point $32,000 $28,000 $60,000 Costs of further processing $11,600 $25,300 $36,900 Sales value after further processing $40,800 $54,200 $95,000 Required: a) What is the net advantage/disadvantage of processing Product 1 beyond the split-off point? (2 marks) b) What is the net advantage/disadvantage of processing Product 2 beyond the split-off point? (2 marks) c) What is the minimum amount the company should accept for Product 1 if it is to be sold at the split-off point? (1 mark) d) What is the minimum amount the company should accept for Product 2 if it is to be sold at the split-off point? (1 mark)