Crane produces two joint products, Coconut Milk and Coconut Meat. The company uses the leftover Coconut Skin as a by$-$product. All three are produced from joint costs of $$87700$ : direct materials amounting to $$53400$ and another $$34300$ for direct labor and manufacturing overhead. Beginning inventory for all three products is zero. Information for production of the product is as follows:

$\backslash$table$[[$Product$,\backslash$table$[[$Units$],[$Produced$],[$in lbs$]],\backslash$table$[[$Units Sold$],[$in lbs$]],\backslash$table$[[$Sale Price$],[$per lb$]]],[$Coconut Milk,$24700,20200,$$$1\mathrm{.}30$