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Red Sauce Canning Company processes tomatoes into catsup, tomato juice, and canned tomatoes. During November, they incurred joint processing costs of $420,000. Production and sales

Red Sauce Canning Company processes tomatoes into catsup, tomato juice, and canned tomatoes. During November, they incurred joint processing costs of $420,000. Production and sales value information for November are as follows:

Product Cases Selling Price/Case Additional Costs/Case
Catsup 100,000 $10 $2
Tomato Juice 150,000 $8 $1
Canned Tomatoes 250,000 $12 $3

The joint cost allocated to Canned Tomatoes (using the net realizable value method) is (round to the closest $)

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