Question: 42A rubber factory takes raw materials and converts them into one of the following products: footballs, basketballs, soccer balls, and hockey pucks. In the current year, the plant processed 10,000 pounds of raw materials and incurred $500,000 of joint processing costs. The following table has been constructed to evaluate each product's individual performance: Total Raw Units Estimated Sales Separable Costs Product Materials Used Manufactured Price per Unit per Unit Basketballs 3,000 lbs 300 $12 $2 Footballs 4,000 lbs 400 15 3 Hockey pucks 1,000 lbs 100 6 Soccer balls 2,000 lbs 200 10 2 Using the estimated net realizable value (NRV) method, what amount of the $500,000 joint processing costs should be allocated to footballs?