Knight Chemicals processes resin from fir trees into three products: printing inks, vanishes, and adhesives. During June, the joint costs of processing were $500,000. Additional information is given below (Click the icon to view the additional information.) Determine the amount of joint cost allocated to each product if Knight uses (a) the physical measure method, and (b) the sales value at splitoff method. Determine the amount of joint cost allocated to each product if Knight uses (a) the physical measure method Units Joint Costs Product Costs inks 17,200 liters 18,000 liters 4,800 iters Determine the amount of joint cost allocated to each product if Knight uses (b) the sales value at splitoff method. Sales Value at Joint Costs Splitoff Point Costs inks 126,480 69.440 52,080 Enter any number in the edit fields and then continue to the next