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 $155,000. There are no separable processing costs for any of the three products Sales Value at Split-off $217,888 Units at Split-off Product 450 1,e5e 46,5881,568 3, eee 46, 500 9 $310,680 Assume that the total sales value at the split-off point for product 1 is $108.500 insteed of $217000 and the sales value of product 3s $2.100 instead of $46.500. Assume also that, because of its relatively low sales value, the firm treats product 3 as a by-product and uses the asset recognition method for accounting for by-products. What amount of joint cost would be allocated to the products using the sales value at split-off method? & Answer is complete but not entirely correct. Product 85 250 54 250