Problem 9.36 (Part Level Submission) Deepa Company manufactures two products using a joint process. The cost of materials used during a typical period is $55,000, while labour and overhead are $65,000. This level of operations results in 10,000 kilograms of product 1 and 30,000 kilograms of product 2. Product 1 can be sold "as is" for $4/kg. Product 2 requires further processing costs of $2/kg and is eventually sold for $3/kg. (a) Determine gross margin by product line if Deepa sells 7,000 kg of product 1 and 26,000 kg of product 2 in a particular period. Deepa uses the NRV method to allocate joint costs. (Round intermediate calculations to 5 decimal places, e.g. 1.45673 and final answers to o decimal places, e.g. 125. Enter loss using either a negative sign preceding the number e.g. -2,945 or parentheses e.g. (2,945).) Product 1 Product 2 Gross Margin (Loss) $ LINK TO TEXT LINK TO TEXT