Q 2 LMN Compagny produces three products K, L and M. During the year, the joint costs of processing the three products were $480,000. Production and sales value information were as follows: Sales Value Product Units at Split-Off Separable Costs Selling Price K 500,000 $13 per unit $6,00 per unit $40 per unit L 300,000 $12 per unit $4.00 per unit $37 per unit M 200,000 $8 per unit $3.00 per unit $28 per unit llocate the joint costs using the physical output method