Cullumber produces two joint products, Coconut Milk and Coconut Meat. The company uses the leftover Coconut Skin as a byproduct. All three are produced from joint costs of $85000 : direct materials amounting to $58100 and another $26900 for direct labor and manufacturing overhead. Beginning inventory for all three products is zero. Information for production of the product is as follows: How much in joint costs should be allocated to the by-product, using the production method? $3080. $6325. $2050. $0