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Required information [ The following information applies to the questions displayed below. ] The following information relates to a joint production process for three products,

Required information
[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 $175,000. There are no separable processing costs for any of the three products.
\table[[,Sales Value at,Units at],[Product,Split-off,Split-0ff],[1,$227,500,680],[2,87,500,1,020],[3,35,000,1,700],[,$350,000,3,400]]
What percentage of joint cost is allocated to each of the three products using the sales value at split-off method?
\table[[Product,\table[[Percent of],[Sales Value]]],[1,%
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