Dakota Beef Company uses the relative market value method of allocating joint costs in their production of beef products. Relevant information for the current period follows: Product Production Market in pounds price/pound 18.000 $4.00 13.000 2.50 Sirloin Hamburger Rib eye 4.50 9,000 11,000 Roast 3.75 The total joint cost for the current period was $61,950. How much of this cost should Dakota Beef allocate to each product type? Show work