Toledo Chemical Company buys A-123 for $4.80 a gallon. At the end of distilling in Department 1, A-123 splits off into three products: B-1, B-2, and B-3. Toledo sells B-1 at the split-off point, with no further processing; it processes B-2 and B-3 further before they can be sold. B-2 is fused in Department 2, and B-3 is solidified in Department 3. Following is a summary of costs and other related data for the year ended June 30.

Toledo had no beginning inventories on hand at July 1 and no A-123 on hand at the end of the year on June 30. All gallons on hand on June 30 were complete as to processing. Toledo uses the net realizable value method to allocate joint costs.
Required Compute the following:
The net realizable value of B-1 for the year ended June 30.
The joint costs for the year ended June 30 to be allocated.
The cost of B-2 sold for the year ended June 30.
The value of the ending inventory for B-1.

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Department Cost of A-123 Direct labor Manufacturing overhead (1) Distilling $576,000 144,000 120,000 (2) Fusing -0- $270,000 126,000 (3) Solidifying -0- $390,000 324,000 B-2 B-3 45,000 90,000 135,000 30,000 -0- $180,000 $576,000 45,000 $850,500 Products Gallons sold Gallons on hand at year-end Sales B-1