Garry's Knives produces two types of carving knives: one with a handle made of a polymer that looks like walnut and another with a handle made of a polymer that looks like red oak. The knives are made through a joint production molding process that produces 330 knife blades for red oak knives and 220 knife blades for walnut handle knives at the split off point. The polymer for the red oak handle knife requires twice as much cooling time as the polymer for the walnut handle knives, although all knives are removed from the joint molding process at the same time.

The joint production process cost a total of $6500. Assuming the company allocates joint costs based on the required cooling time of the two joint products, determine the amount of joint production costs allocated to each type of knife using the weighted average method. Report costs for Red oak and Walnut, respectively.

A)$4,775 and $1,725

B) $4,875 and $1,625

C) $3,900 and $2,600

D) $4,550 and $1,950