Heuring Sawmin, Inc, (HSi), purchases logs from independent Imber contractors and processes tho logs into thipe fypes of lumber products. These products are the result of a joint sawmill prooess that involves rerioval of bark from the logs, cutting the logs into a workablo size (ranging from 8 to 16 feet in length), and then cutting the individual products trom the logg. (Click the icon to view the joint oost information.) Cick the icon to view the percunit information.) (Cok the ison to view addifional infocmation.) Read the mosirements. Joint Cost Information The joint process results in the following costs of products for a Per Unit Information Product yields and average sales values on a per-unit basis from the joint process are as follows: Additional Information The studs are sold as rough-cut lumber after emerging from the sawmill operation without further processing by Heuring Sawmill. Also, the posts require no further processing beyond the splitoff point. The decorative pieces must be planed and further sized after emerging from the sawmill. This additional processing costs $100,000 per month and normally results in a loss of 10% of the units entering the process. Without this planing and sizing process, there is still an active intermediate market for the unfinished decorative pieces in which the selling price averages $70 per unit. Requirement 1. Based on the information given for Heuring Sawmili, allocate the joint processing costs of $1,000,000 to the throe products using the (a) Sales value at splitofi method, (b) Physical-measure method (volume in units), and (c) NRV method. a. Begin by allocating the joint processing costs of $1.000.000 to the three products using the Sales value at splitoff mothod. (Round the weights to four decimail places.)