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Name SID 5 No. PROBLEM: #4 Jackson Inc. produces four joint products having a manufacturing cost of $70,000 at the split-off point. Data pertinent to these products follow: Product K L M N Units Produced 5,000 20,000 15,000 10,000 Market Value per Unit $5.50 1.00 1.50 3.00 Weight Factors 3.0 points 2.0 points 4.0 points 2.5 points Required: Allocate joint products cost using: (1) The average unit cost method. (2) The weighted average method. (3) The market value method