Ibsen Company makes two products from a common input. Joint processing costs up to the split$-$off point total $$43,200$ a year.The company allocates these costs to the joint products on the basis of their total sales values at the split$-$off point. Each product may be sold at the split$-$off point or processed further. Data concerning these products appear below:Product XProduct YTotal$ $25,600$$ $17,600$$ $43,200$$ $32,000$$ $22,000$$ $54,000$$ $15,900$$ $17,400$$ $33,300$Sales value after further processing$ $47,500$$ $40,800$$ $88,300$Allocated joint processing costsSales value at split$-$off pointCosts of further processingRequired:a$.$ What $1$s financial advantage $($disadvantage$)$ of processing Product X beyond the split$-$off point?b$.$ What is financial advantage $($disadvantage$)$ of processing Product Y beyond the split$-$off point?