Exercise 13-21 Sell at Split-Off or Process Further Chirp Inc. manufactures two products from a joint production process. The joint process costs $150,000 and yields 10,000 kilograms of PEROX compound and 32,000 kilograms of EPTOL compound. PEROX can be sold at split-off for $40 per kilogram. EPTOL can be sold at split-off for $6 per kilogram. A buyer of EPTOL asked Chirp Inc. to process EPTOL further into CHLOR compound. If EPTOL were processed further, it would cost $205,000 to turn 32,000 kilograms of EPTOL into 9,000 kilograms of CHLOR. The CHLOR would sell for $60 per kilogram. Required: split-off? What is the contribution to income from selling the 32,000 kilograms of EPTOL at 1. CONCEPTUAL CONNECTION What is the contribution to income from processing the 2. 32,000 kilograms of EPTOL into 9,000 kilograms of CHLOR? Should Chirp Inc. continue to sell the EPTOL at split-off or process it further into CHLOR? Question 7 (10 points) Complete Exercise 13-21 and answer the following questions: Remember to enter numeric amounts without a $ or, (a comma). If the answer is $20,000.00, then enter the number as 20000. Remember to round to 2 decimal places. For numbers such as 1.456, round up to 1.46 and for numbers such as 1.45 round down to 1.45 Required: The contribution to income from selling the 32,000 kilograms of EPTOL at split-off would be $ AV The contribution to income from processing the 32,000 kilograms of EPTOL into 9,000 kilograms of CHLOR would be $ w Therefore, Chirp should A (process further, sell at split-off). The profit to the company would be (higher, lower) by$ if it processed further. Question 8 (10 p