SPY Company processes 30,000 gallons of direct materials to produce two products, Product X and Product Y. Product X, the byproduct, sells for $2 per gallon and Product Y, the main product, sells for $50 per gallon. The following information is for August: Production Sales Begin Inventory Ending Inventory Product X (in gallons): 6,000 4,000 0 2,000 Product Y (in gallons): 24,000 24,000 125 125 The manufacturing costs totaled $30,000. How much is the ending inventory for the byproduct if byproducts are recognized in the general ledger at the point of production? None of the choices O $4,000 50 O $12,000 $8,000