Problem 3 The meadows Company produced three joint products at a joint cost of P132,000. Additional information for a recent period is as follows: Units produced Sales value Product additional Sales value and At split-off Processing if Processed Sales Value Add' Costs 13,200 P88,000 P19,800 15,400 B 8,800 P121,000 99,000 66,000 77,000 4,400 55,000 11,000 Required: Allocate joint costs using: 1. Sales value at split-off 2. Physical units