Merk Chemicals processes resin from fir trees into three products: printing inks, var- nishes, and adhesives. During June, the joint costs of processing were $960,000. Additional information is given below: 17-1 TRYI Product Printing inks Units Produced Sales Value at Splitoff Point 30,000 liters $240,000 Varnishes 30,000 liters 144,000 Adhesives 15,000 liters 96,000 Leach Determine the amount of joint cost allocated to each product if Merk uses (1) the physi- cal measure method, and (2) the sales value at splitoff method. Calculat Gip fur