Netzone Company is in semiconductor industry and fabrication of silicon - wafer chips splits off two types of memory chips, Standard and Premium. The following information was collected for last quarter of the calendar year: Direct materials processed: Production: Standard Premium Sales: Standard Premium 200 kgs (Both standard and premium chips weigh 20 grams each) 17,000 chips 7,000 chips 16,500 at $140 per chip 6,700 at $190 per chip The cost of purchasing 200 kgs of direct materials and processing it up to the split-off point to yield a total of 24,000 chips of good products was $1,970,000. Beginning inventories totalled 150 chips for Standard and 60 chips for Premium. Ending inventory amounts reflected 150 chips of Standard and 60 chips of Premium. October costs per unit were the same as November. When using a physical - volume measure, what is the approximate amount of joint costs that will be allocated Standard chips? (Round intermediary percentages to the nearest hundredth.) O A. $1,395,351 O B. $1,401,078 OC. $985,000 OD. $1,443,534