Seasons, Inc. is a producer of potato chips. A single production process at Seasons, Inc., yields potato chips as the main product, as well as a byproduct that can be sold as a snack. Both products are fully processed by the splitoff point, and there are no separable costs. For September 2020 , the cost of operations is $490,000. Production and sales data are as follows, and there were no beginning inventories on September 1, 2020:

- X Data table Potato Chips Byproduct Production (in pounds) Sales (in pounds) Selling Price per pound 44,000 35,200 $ 16 8,600 7,000 $ 10 - Requirements 1. Allocate the joint cost to the cookies and the Soyola using the following: a. Sales value at splitoff method b. NRV method 2. Should ASP have processed each of the products further? What effect does the allocation method have on this decision