Carving Creations jointly produces wood chips and sawdust used in agriculture: The wood chips and sawdust are actually by-products of the company's core operations, but Carving Creations accounts for them just like normally produced goods because of their targe volumes. One Jointly produced batch yields 3,000 cubic yards of wood chips and 10,000 cubic yards of sawdust, and the estimated cost per batch is 21,400. However, the joint production of each good is not equally weighted. Management at Carving Creations estimates that for the time it takes to produce 10 cubic yards of wood chips in the point production proces, only 2 cubie yards of sawdust are produced Given this information, allocate the joint costs of production to each product using the weighted average method Joint Product Allocation Sawdust Wood chips Totals