Q.3.b. Sunny Company produces four joint products, which have a manufacturing cost of Rs. 287,000 at the split-off point. Data pertaining to these products follow Product Sales Value at Split-off per unit Units Produced Weight Factor Kon Rs. 12.00 20,000 3.0 Lon 3.5 32,000 Mon 6.00 36,000 50 Non 5.50 24,000 6.0 Fon 4.50 15,000 4.0 Required: 55 1. Allocate the joint cost using following methods and compute gross profit on each product: (a) Market or sales value method (b) Average unit cost method (c) Weighted average method. 2. Comment on the reliability of allocation of Joint cost under the three costing methods over the Joint products