Spartan Chemicals manufactures G-1, G-2, and G-3 from a joint process. Each gas can be liquified and sold for a higher price. Data on the process are as follows:

Required:

Determine the value of the missed item. (Do not round intermediate calculations.)

Product G1 G2 G3 Total

Units Produced 32400 16500 8600 57500

Joint Costs 61000 ? ? 122000

Sales Value at split off ? ? 90600 604000

Additional Costs to liquify 42600 33000 18300 93900

Sales value if liquified 427000 189000 124000 740000

The joint costs of $61,000 for G-1 is the portion of the total joint cost of $122,000 that had been allocated to G-1.