Question: See Problem below to solve A, B, C, & D: Giovanni Company makes two products from a common input. Joint processing costs up to the

See Problem below to solve A, B, C, & D:

See Problem below to solve A, B, C, & D: Giovanni Company

Giovanni 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 based on 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 X Product Y Total Allocated joint processing costs $ 25,600 $ 17,600 43,200 Sales value at the split-off point SS 32,000 22,000 54,000 Costs of further processing 15,900 $ 17,400 33,300 Sales value after further processing 47,500 $ 40,800 88,300 Required: a. What is the financial advantage (disadvantage) of processing Product X beyond the split-off point? b. What is the financial advantage (disadvantage) of processing Product Y beyond the split-off point? c. What is the minimum amount the company should accept for Product X if it is to be sold at the split-off point? d. What is the minimum amount the company should accept for Product Y if it is to be sold at the split-off point

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