Ko-Ka-Ku Limited produces three main products from a joint manufacturing process. Fuel oil, gasoline, Kerosene and Crude-l are the products emerging from the joint manufacturing process. Crudel is aby-product and is sold at split-off, while the joint products fuel oil, gasoline and kerosene need to be processed further. Additional inventory and sales volume information (all in litres) is as follows: Products Opening Sales Closing inventory units inventory Fuel oil 1 000 10000 2000 Gasoline 2 000 12 000 3 000 Kerosene 3 000 15 000 4 000 Crude- 5 000 The joint costs are N$248 000. The revenue from the sales of the by-product is used to reduce the joint costs. The company allocates joint costs using the physical measurement method. Crude- incurred N$2 000 in other costs. incurred N$2 000 in other costs. Fuel Gasoline Kerosene Crude- Oil (N$) (N$) I (N$) (N$) 20 30 35 10 Selling price per litre at split-off 50 60 45 Selling price per litre after further process 9 Further 20 35 processing cost per litre Required: Calculate the joint cost to be allocated to product Kerosene