Required information [The following information applies to the questions displayed below.] Biondi Industries is a manufacturer of chemicals for various purposes. One of the processes used by Biondi produces HTP-3, a chemical used in hot tubs and swimming pools; PST-4, a chemical used in pesticides; and RJ-5, a product that is sold to fertilizer manufacturers. Biondi uses the net-realizable-value method to allocate joint production costs. The ratio of output quantities to input quantities of direct material used in the joint process remains consistent from month to month. Biondi Industries uses FIFO (first-in, first-out) in valuing its finished-goods inventories. Data regarding Biondi's operations for the month of October are as follows. During this month, Biondi incurred joint production costs of $2,100,000 in the manufacture of HTP-3, PST-4, and RJ-5. HTP-3 PST-4 RJ-5 Finished goods inventory in gallons (October 1) 22 , 000 57 , 600 3, 800 October sales in gallons 730 , 000 365 , 000 190 , 000 October production in gallons 860, 000 430 , 000 210 , 000 Additional processing costs $954 , 000 $901, 000 $76,000 Final sales value per gallon $ 4.80 $ 6.80 5. 80