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Genera) Electic produced 12.000 gallons of Green paint and 15,000 gallons of Purple paint. Joint costs incurred in producing the two items were $6.200. At

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Genera) Electic produced 12.000 gallons of Green paint and 15,000 gallons of Purple paint. Joint costs incurred in producing the two items were $6.200. At the split-off point, Green paint has a market value of $8.00 per gallon and Puple $4,00 per pallon Compute the portion of the joint costs to be allocated to Green paint if the volue basis is used

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