QUESTION 1: Final Corp. processes raw milk into different products. Final Corp. purchases raw milk and converts it into two products: yoghurt and cream. Although there is an active outside market for the products, Final Corp. processes all the yoghurt and produces strained yoghurt and processes all the cream and produces butter, which are then sold. Information for May 2023 production, sales and costs follows: Required: 1. Allocate the joint costs between strained yoghurt and butter under the sales value at split-off method and calculate gross margin percentage. (SHOW YOUR CALCULATIONS) 2. Allocate the joint costs between strained yoghurt and butter under the NRV method and calculate gross margin percentages. (SHOW YOUR CALCULATIONS)