MC Qu. 14-69 Cheyenne Enterprises manufactures Nuts and Bolts from... Cheyenne Enterprises manufactures Nuts and Bolts from a joint process (cost = $70,000). Eight thousand pounds of Nuts can be sold at split-off for $15 per pound; sixteen thousand pounds of Bolts can be sold at split-off for $10 per pound. For product costing purposes Cheyenne allocates joint costs using the relative sales value method. The amount of joint cost allocated to Nuts and Bolts, respectively, would be: Multiple Choice $30,000 and $35,000. $30,000 and $40,000. $40,000 and $30,000. $35,000 and $30,000. $35,000 and $35,000.