A joint process of making Products M1 and M2 has incurred a $240,000 cost. M1 needs further processing with an additional cost of $50,000, before it could be sold for $300,000. M2 is immediately available for sale for $150,000. The company allocates the joint cost to the products using the estimated net realizable value method. The costs allocated to the products are: A. M1=$150,000;M2=$90,000 B. M1=$160,000;M2=$80,000 C. M1=$120,000;M2=$120,000 D. M1 =$0;M2=$240,000