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Required information. SB The following information relates... [The following information applies to the questions displayed below.] The following information relates to a joint production

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Required information. SB The following information relates... [The following information applies to the questions displayed below.] The following information relates to a joint production process for three products, with a total joint production cost of $195,000. There are no separable processing costs for any of the three products. Sales Value Units at Product at Split-off Split-off 1 $253,500. 380 2 97,500 1,140 3 39,000 2,280 $390,000 3,800 Brief Exercise 7-18 [LO 7-6] What percentage of joint cost is allocated to each of the three products using the physical units method? Percent of Sales Units Product 1 % 2 % 3 % Required information. SB The following information relates... [The following information applies to the questions displayed below.] The following information relates to a joint production process for three products, with a total joint production cost of $195,000. There are no separable processing costs for any of the three products. Sales Value Product at Split-Off Units at Split-Off 1 $253,500 380 2 97,500 1,140 3 39,000 2,280 $390,000 3,800 Brief Exercise 7-20 [LO 7-6] Assume that the total sales value at the split-off point for product 1 is $97,500 instead of $253,500 and the sales value of product 3 is $3,900 instead of $39,000. Assume also that the firm treats product 3 as a joint product and uses the net realizable value method for accounting for joint costs. There are no separable processing costs for product 3. What amount of joint costs would be allocated to the three products using the relative sales value method? (Round your intermediate percentage values to 2 decimal places (i.e. 24.35%) and final answers to nearest whole dollar amount.) Product 1 2 3 Allocated Joint Cost Ch

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