II. Miller Manufacturing Company buys zeon for $.80 a gallon. At the end of processing in Department 1, zeon splits off into products A, B, and C. Product A is sold at the split-off point, with no further processing. Products B and C require further processing before they can be sold; product B is processed in Department 2 and product C is processed in Department 3. Following is a summary of costs and other related data for the year ended June 30, 2020 1 Department 2 3 Cost of zeon Direct labor $66,000 - - $14,000 $45,000 $65,000 Manufacturing Overhead $10,000 $21,000 $49,000 Products A B C Gallons sold 20,000 30,000 45,000 Gallons on hand at June 30, 2010 Sales in dollars 10,000 15,000 $30,000 $96,000 $141,750 There were no inventories on hand at July 1, 2019, and there was no zeon on hand at June 30, 2020. All gallons on hand at June 30, 2020, were complete as to processing. There were no manufacturing-overhead variances. Miller uses the net-realizable-value method of allocating joint costs. 1. Calculate the joint costs for the year ended June 30, 2020, to be allocated. 2. Calculate the cost of product B sold for the year ended June 30, 2020. 3. Calculate the value of the ending inventory for product A.