Clean-Burn, Inc. is a small petroleum company that acquires high-grade crude oil from low-volume production wells owned by individuals and small partnerships. The crude oil is processed in a single refinery into Two Oil, Six Oil, and impure distillates. Clean-Burn does not have the technology or capacity to process these products further and sell most of its output each month to major refineries. There were no inventories on November 1. Crude oil acquired and placed into production $5,000,000 Direct labor and related costs 2,000,000 Refinery overhead 3,000,000 Production and sales Two Oil, 300,000 barrels produced; 280,000 barrels sold at $20 each. Six Oil, 240,000 barrels produced; 220,000 barrels sold at $30 each. Distillates, 120,000 barrels produced and sold at $15 per barrel. Required: Six Oil: S a. Allocate the joint costs to the products using the physical quantities method. Two Oil: $ Distillates: $ b. Allocate the joint costs to the products using the net realizable value method. Two Oil: $ Distillates: S Six Oil: $