52) Sugar Cane Company processes sugar cane into three products. During May, the joint costs of processing were $240,000. Production and sales value information for the month were as follows: Required: Determine the amount of joint cost allocated to each product if the sales value at splitoff method is used. 53) Calamata Corporation processes a single material into three separate products A,B, and C. During September, the joint costs of processing were $300,000. Production and sales value information for the month were as follows: Required: Determine the amount of joint cost allocated to each product if the constant gross-margin percentage NRV method is used. 54) Oregon Lumber processes timber into four products. During January, the joint costs of processing were $280,000. There was no inventory at the beginning of the month. Production and sales value information for the month is as follows: Required: Determine the value of ending inventory if the sales value at splitoff method is used for product costing. Round to 3 decimal places when necessary