Data pertaining to a company's joint production for the current period follows: 24 Quantities produced Market value at split-off point M 400 lbs. 200 lbs. $ 9/lb. $ 18 /lb. 8 01:04:47 Compute the cost to be allocated to Product L for this period's $780 of joint costs if the value basis is used. (Do not round intermediate calculations.) Multiple Choice $236. $390 $3,364. $850. $640