As the manager of the granite-crushing division, Brian has just recently started evaluating product profitability. The joint process for his division generates Grade 1 and Grade 2 granite pieces. Both grades at this point can be sold as-is, or Grade 2 can be processed further into Grade 3 (a stabilizer is added while it's further processed into very fine pieces). The quantities, costs, and sales values for the different grades of product are as follows. Joint processing costs Quantity of Grade 1 product at split-off Quantity of Grade 2 product at split-off Sales value of Grade 1 at split-off $61,000 37,000 cubic yards 18,500 cubic yards $1 per cubic yd Sales value of Grade 2 at split-off Cost to further process Grade 2 $2 per cubic yd $13,875 Final sales value of Grade 3 $69,375 (a) Calculate how much joint cost would be allocated to each product when using (1) the sales value at split-off method and (2) the NRV method. (Round proportion to 2 decimal places, e.g. 0.25 and final answers to O decimal places, e.g. 5,125.) (1) The sales value at split-off method Allocated joint costs $ (2) The NRV method Allocated joint costs $ Grade 1 Grade 1 LA LA $ Grade 2 Grade 2