2. Allocate the joint cost to the four grades of peaches by finding the average joint cost per pound and multiplying it by the number of pounds in the grade. Round the average cost answer to the nearest cent. Average cost = s per pound. Allocating Joint Costs Using the Physical Units Method Sunny Lane, Inc., purchases peaches from tocal orchards and sorts them into four categories. Grade A are large blemish-free peaches that can be sold to gourmet fruit sellers. Grade B peaches are smaller and may be slightly out of proportion. These are packed in boxes and sold to grocery stores. Peaches to be sliced for canned peaches are even smaller than Grade B peaches and have blemishes. Peaches to be pureed for use in sauce are of lower grade than peaches for stices, yet still food grade for canning. Information on a recent purchase of 28,000 pounds of peaches is as follows: Totol joint cost is $21,000. grode. Round the average cost answer to the nearest cent. Average cost =$ per pound. 3. What if there were 2,520 pounds of Grade A peaches and 6,440 pounds of Grade B? How would that arfect the allocation of cost to these two grades? How would it affect the allocation of cost to the remaining common grades