SugarRay Inc. processes cane sugar into three products. During June the joint costs of processing were $240,000. Production and sales value information for the month were as follows:

Sales Value at

UnitsSplitoffSeparableProductProducedSales ValueCostsSugar12,000$80,000$24,000Sugar syrup8,000$70,000$64,000Fructose syrup4,000$50,000$32,000

Determine the amount of joint cost allocated to each product if the physical measure method is used.

ProductJoint cost allocatedSugar- ?

Sugar syrup- ?

Fructose syrup- ?

Total ?

Determine the amount of joint cost allocated to each product if the net realizable value method is used.Round to the nearest thousand.

ProductJoint cost allocatedSugar$ ?

Sugar syrup$- ?

Fructose syrup$- ?

Total$- ?