Give the journal entries to record the following events for Juniper LLP. Juniper records all costs associated with by-products. A by-product with an estimated value of $370 was removed from the Cutting Department. The by-product was further processed at a cost of S210 for materials, $300 for labor, and $125 for overhead. The finished by-product was sold for $975 cash. Brock Company makes two joint products from a single process. It allocates the common costs on the relative sales value basis. During processing in June, 150,000 units of HR2 were produced and 50,000 units of MX1 were produced. HR2 sells for $.40 per unit and MX1 sells for $.80 per unit.' The common cost in June was $40,000. Calculate the per unit and total joint cost to be allocated to each product