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Split Company produces three products - X. Y, and Z - from a joint process. Each product may be sold at the split-off point or processed further Additional processing requires no special facilities, and production costs of further processing are entirely variable and traceable to the products Involved. Last year all three products were processed beyond split-off. Joint production costs for the year were $120,000. Sales values and costs needed to evaluate Split's production policy follow. Product x 2 Units Produced 6,000 3,000 1,000 Sales Value at Split oft $ 40,000 15,000 16,000 If Processed Further Sales Value Additional Costs $ 80,000 $ 1,200 40,000 3,000 30,000 1,500 The amount of joint costs allocated to product X using the physical measure method is calculate all ratios and percentages to 4 decimal places, for example 33.3333%, and round all dollar amounts to the nearest whole dollar): Split Company produces three products - X, Y, and 2 - from a joint process. Each product may be sold at the split-off point or processed further Additional processing requires no special facilities, and production costs of further processing are entirely variable and traceable to the products Involved. Last year all three products were processed beyond split-aft Joint production costs for the year were $120.000. Sales values and costs needed to evaluate Split's production policy follow. Units Sales Value at It Processed further Product Produced Split oft Sales Value Additional costa 6,000 $ 40,000 $ 80,000 $ 1,200 3,000 15,000 40,000 3,000 1,000 16,000 30.000 1,500 X 2 The amount of joint costs allocated to product X using the physical measure method is (calculate all ratios and percentages to 4 decimal places, for example 33.3333%, and round all dollar amounts to the nearest whole dollar Split Company produces three products - X. Y, and 2 - from a joint process. Each product may be sold at the split off point or processed further Additional processing requires no special facilities, and production costs of further processing are entirely variable and traceable to the products Involved. Last year all three products were processed beyond split-off Joint production costs for the year were $130,000 Sales values and costs needed to evaluate Split's production policy follow. Units Sales Value at If Processed Further Product Produced Split off Sales Value Additional Costs x 14,000 $ 42,500 $ 92,500 $ 3,700 7,500 22,500 47,500 8,000 2 3,500 26,000 40,000 9,000 The amount of joint costs allocated to product X using the physical measure method is (calculate all ratios and percentages to 4 decimal places, for example 33.3333%, and round all dollar amounts to the nearest whole dollar)