A lumber mill bought a shipment of logs for $43,000. When cut, the logs produced a million board feet of lumber in the following grades. Compute the cost to be allocated to Type 1 and Type 2 lumber, respectively. If the value basis is used. (Do not round your Intermediate calculations) Type 1 - 800,000 bd. ft. priced to sell at $0.20 per bd. ft. Type 2 - 400,000 bd. ft. priced to sell at $0.08 per bd. ft. Type 3 - 200,000 bd. fl. priced to sell at $0.04 per bd. ft. Multiple Choice O $32,000; $8,000. O $34,400; $6,880. O $24,000: $24,000. O $10,944;$1,720. O $43,000; $32,000