Differential Chemical produced 12,000 gallons of Preon and 24.000 gallons of Paron Joint costs incurred in producing the two products totaled 59.000 At the split-off point, Preon has a market value of $6.00 per gallon and Paron $2.00 per gallon. Compute the portion of the joint costs to be allocated to Preon If the value basis is used. Multiple Choice $5.400 $6.725 $3.500 $1,800 $3,000