N Company incurred $8,000 in joint processing costs to manufacture Product P (which had a total sales value of $9,000) and Product Q (which had a total sales value of $19,800). How much of the joint cost would be allocated to Product P and Product Q using the relative sales value method?

Group of answer choices

$3,243 for Product P and $4,757 for Product Q

$4,757 for Product P and $3,243 for Product Q

$5,500 for Product P and $2,500 for Product Q

$4,000 for Product P and $4,000 for Product Q

$2,500 for Product P and $5,500 for Product Q