Exercise Seven (10 Points): Orange Paper Company processes wood pulp into two products. During February the joint costs of processing were $156,000. Production and sales value information for the month were as shown below: There were no beginning inventories for April but ending inventories totalled 15,000 kilograms for paper and 18,000 kilograms for cardboard. Required: Allocate Orange Paper Company's joint costs using: 1. Physical measure method 2. Sales value at splitoff method 3. Net realizable value method kilograms for cardboard. Required: Allocate Orange Paper Company's joint costs using: 1. Physical measure method 2. Sales value at splitoff method 3. Net realizable value method