Franklin Chemical Company makes three products, B7, K6, and X9, which are joint products from the same materials. In a standard batch of 357,000 pounds of raw materials, the company generates 70,000 pounds of B7, 168,000 pounds of K6, and 119,000 pounds of X9. A standard batch costs $2,856,000 to produce. The sales prices per pound are $10, $15, and $20 for B7, K6, and X9, respectively.

Required

Allocate the joint product cost among the three final products using market value as the allocation base. (Round "Allocation rate" to 2 decimal places.)

Product	Allocation Rate	x	Weight of Base	=	Allocated Cost
B7		x		=	$
K6		x		=
X9		x		=
Total allocated cost					$