Atkins Farms makes two products from their apples: apple pies and apple donuts. From a standard batch of 50,000 pounds of apples, Atkins produces 10,000 pounds of apple pies and 40,000 pounds of apple donuts. Producing a standard batch costs $18,000. The sales price per pound are $5 for pies and $2 for apple donuts.

1. Allocate the joint product cost to the two products using weight as the allocation base.

2. Allocate the joint product cost to the two products using market value as the allocation base.

Label and place your final answer for 1 and 2 at the top of the answer box. Then after the answer to 2, label and show your work for each part of the question. Just show me numbers - that is usually enough for me to follow your logic.