4) The Alfarm Corporation processes raw milk up to the split-off point where two products, cream and liquid skim, are produced and sold. There was no beginning inventory. The following material was collected for the month of February: Direct materials processed: 780,000 gallons (758,500 gallons of good product) 443,500 gallons 315,000 gallons 425,500 at $110 per gallon 305,000 at $95 per gallon Production: Cream Liquid skim Cream Sales: Liquid skim The cost of purchasing 780,000 gallons of direct materials and processing it up to the split-off point to yield a total of 758,500 gallons of good product was $2,310,000. When using a physical -volume measure, what is the approximate amount of joint costs that will be allocated to cream and liquid skim? (Round intermediary percentages to the nearest hundredth.) A) $1,313,442 and $996,558 C) $1,345,524 and $964,476 B) $1,350,657 and $959,343 D) $1,155,000 and $1,155,000