Bonanza Co manufactures products X and Y from a joint process that also yields a by-product. Z Revenue from sales of Z is treated as a reduction of joint costs. Additional Information is as follows: X 31,000 PRODUCTS Y 31,000 Units produced Joint costs Sales value at split-off Z 15,500 ? $15,500 TOTAL 77,500 $317,000 $713,000 $465,000 $232,500 Joint costs were allocated using the net realizable value method at the split-off point. The joint costs allocated to product X were