2 Portofino Corporation produces three products in a joint process: Product A, Product B and Product C. The total joint manufacturing costs were 100,000$. Information regarding the products appears below:

	Product A	Product B	Product C
Units Produced	20,000	25,000	10,000
Sales Value at Split-off	$150,000	$50,000	$20,000
Additional costs if Processed further	$10,000	$30,000	$5,000
Sales Value if Processed Further	$170,000	$90,000	$28,000

Required:

(a) Allocate the joint costs using the relative sales value at split-off method.

(b) Allocate the joint costs using the NRV method.