1. Red Sauce Canning Company processes tomatoes into catsup, tomato juice, and canned tomatoes. During the summer of 20X5, the joint costs of processing the tomatoes were $420,000. There was no beginning or ending inventories for the summer. Production and sales value information for the summer is as follows: Product Cases Catsup Juice Canned 100,000 150,000 200,000 Sales Value at Separable Costs Splitoff Point $6 per case $3.00 per case 8 per case 5.00 per case 5 per case 2.50 per case Selling Price $28 per case 25 per case 10 per case Required: Determine the amount allocated to each product if: (i)the sales value at splitoff method is used, and (ii) if the NRV method is used. Compute the cost per case for each product for each scenario.||