Barrett Chemicals manufactures four chemicals, Chem-1, Chem-2, Chem-3, and Chem-4, from a joint process. The total joint costs in May were $564,000. Additional information follows: Sales Value at Split-off $220,000 264,000 If Processed Further Additional Costs $ 32,700 Product Chem-1 Chem-2 Units Produced 288,000 176,000 Chem-3 192,000 149,600 Chem-4 144,000 246,400 800,000 $ 880,000 26, 300 $113,300 29,400 24,900 Sales Values $260,000 290,000 180,000 270,000 $ 1,000,000 Required: Barrett Chemicals uses the net realizable value method to allocate joint costs. What joint costs would be allocated to each product in May? Note: Do not round intermediate calculations. Answer is complete but not entirely correct. Product NRV at Split-Off Joint Costs Allocated Required: Barrett Chemicals uses the net realizable value method to allocate joint costs. What joint costs would be allocated to each product in May? Note: Do not round intermediate calculations. Answer is complete but not entirely correct. Joint Product NRV at Split-Off Costs Allocated Chem- $ 1 220,000 $ 397,620 Chem- $ 264,000 $124,080 Nil 2 Chem- S 3 149,600 $ 135,360 Chem S 246,400 $ 101,520 4