Physical and sales value allocations FINS produces three products from its fish larmi: fish, list oil and lish meal. During July, FINS produced the following average quantities of each product from each pound (16 ounces) of fish processed: Obtained from Each Product Pound of Fish -sh & cunch -:11 sil 4 ounces sh meal Total 14 ounces of cach pound of fish processed, two ounces are waste (assume 12.5% for calculations. In July, FINS processed 37.5 tons of fish (1 ton cquals 2.000 pounds). Joint cost amounted to $142,800. On average cach pound of procuct has the following selling prices: fish, $4,50, fish oil. $6.50; and fish meal, $2 2 ounces 3. Allocate the joint cost using weight as the DJsis. Note: Round proportions to the nearest whole percentage and dol ar amounts to the nearest whole color 11 sh Oil esh Meal Total Allocate the joint cost using sales value as the basis. Note: Round proportions to the nearest whole percentage and dollar amounts to the nearest whole collr 911 sh Oil - th Meal X Intal