Exercise 11-42 (Algo) Sell or Process Further: Multiple Choice (LO 11-9) Oak View Chemicals produces two main products, M-10 and M-20, and one by-product, B-60, from a single input, Chem-X. Products M-10 and M-20 can either be sold at split-off or processed further and sold. A given batch begins with 1,400 gallons of Chem-x with a cost of $126,000. Additional information regarding a batch follows. Product M-10 M-20 B-60 Units Produced 30,800 19,600 7,000 Unit Sales Value at Split- off $26.00 $30.00 $ 0.50 If Processed Further Additional Costs (Per Sales Value Unit) (Per Unit) $22.00 $26.00 $ 4.00 $56.00 NA NA Oak View Chemicals uses the physical quantities method to allocate joint costs and the revenues from by-products are credited to joint costs. Required: Under these assumptions, the following product(s) should be processed further and then sold: Multiple Choice M-10 O M-20 (0) Both M-10 and M-20 O Neither M-10 nor M-20 O Cannot tell from the information given