Tasty Brands Company manufactures candy from a joint production process and has four main products: Choco Bar, Nougat Bar, Peanut Bar, and Coconut Bar. Joint costs for one batch are as follows: Direct materials Direct labor Overhead Total joint costs $30,500 19,500 22,000 $72,000 At the split-off point, one joint process batch yields 30,000 Choco Bars, 25,000 Nougat Bars, 20,000 Peanut Bars, and 15,000 Coconut Bars. If all products are sold at the split-off point, prices are $0.75 per Choco Bar, $1.00 per Nougat Bar, $1.25 per Peanut Bar, and $1.50 per Coconut Bar. Tasty Brands has the option of further processing all products into king-sized bars with the following added costs and premium prices: Choco Bar Nougat Bar Peanut Bar Coconut Bar Added Cost King-sized Price $18,000 $1.25 per bar $20,000 $1.75 per bar $22,000 $2.50 per bar $24,000 $3.25 per bar What are the joint costs allocated to the Peanut Bars under the NRV method? Round intermediate calculations to two decimal points. (Note: This means the allocations across all four bars won't add up perfectly to the joint cost.)