Ejercicio $2$: Joint ProductsRed Sauce Canning Company processes tomatoes into catsup, tomato juice, andcanned tomatoes. During the summer of $20$x$3,$ the joint costs of processing thetomatoes were $$420,000.$ There was no beginning or ending inventories for thesummer. Production and sales value information for the summer were as follows:Product UnitsSales ValueAt SplitoffPointSeparableCostsSellingPriceCatsup $100,000$ $$6$ per case $$300,000$ $$28$ per caseJuice $150,0008$ per case $750,00025$ per caseCanned $200,0005$ per case $500,00010$ per caseRequired:Determine the amount of joint costs allocated to each product if:$1.$ Physical Units Method is used$\mathrm{.}2.$ The Sales Value at Splitoff method is used$\mathrm{.}3.$ The estimated net realizable value method is used