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 300 kgs (Both standard and premium chips weigh 10 grams each) 15,000 chips 7,100 chips 14,600 at $110 per chip 6,500 at $160 per chip The cost of purchasing 300 kgs of direct materials and processing it up to the split-off point to yield a total of 22,100 chips of good products was $1,990,000. Beginning inventories totalled 110 chips for Standard and 60 chips for Premium. Ending inventory amounts reflected 110 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. $995,000 O B. $1,414,692 OC. $1,350,613 OD. $1,376,967