Knight Chemicals processes resin from fir trees into three products: printing inks, varnishes, and adhesives. During June, the joint costs of processing were $440,000. Additional information is given below: (Click the icon to v X Determine the amount Data table and (2) the sales value at splitoff method Units Sales Value at Determine the amount Product Produced Splitoff Point Printing inks 17,100 liters $ 110,700 Product Varnishes 16,720 liters 63,960 Printing inks Adhesives 4,180 liters 71,340 Varnishes Adhesives Print DoneKnight Chemicals processes resin from r trees into three products: printing inks. varnishes, and adhesives. During June. the joint costs of processing were $440000. Additional information is given below: a (Click the icon to View the additional information.) Determine the amount of joint cost allocated to each product if Knight uses (1} the physical measure method, and (2) the sales value at splitoff method. " lllll ' Determine the amount of joint cost allocated to each product if Knight uses (1 } the physical measure method. Product Prgglifed Percentage Joint Costs Costs Allocated Printing Inks 17.100 liters % :l I: Varnishes 16,720 liters \"it: I I I Adhesives 4,180 liters %