3) lConvad Clo is one of the world's leading corn reners. It produces two joint products, corn syrup 8: corn starch, usning a common production process. In July 2018, Convad reported the following product 8. selling price information (8 marks} Product Corn Corn Joint Syrup Starch Costs Joint processing costs $325,000 Separable costs $ 375,000 $ 93,?50 Beg 8. Ending Inventories 0 0 Production 3 Sales (cases} 12,500 5,200 Sell Price per Case $50 $25 Required: Allocate the $325,000 joint costs using the NFt'yr method