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A dairy operation processes raw milk into two main products: skim milk and cream. Both of these products are salable at the end of the

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A dairy operation processes raw milk into two main products: skim milk and cream. Both of these products are salable at the end of the joint process, worth $14,000 and $25,000, respectively. The skim milk can be further processed at a cost of $8,000 in order to yield sweetened condensed milk. This final product can be sold for $25,000. The cream can also be processed further, at a cost of $10,000, in order to generate butter, which is worth $43,000. If the joint process costs are $20,000, how much of the joint cost will be allocated to each product under the NRV method? (Round proportion to 2 decimal places, e.g. 0.25 and final answers to 0 decimal places, e.g. 5.125.)

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