[The following information applies to the questions displayed below.]

The following information relates to a joint production process for three products, with a total joint production cost of $100,000. There are no separable processing costs for any of the three products.

ProductSales Value at Split-OffUnits at Split-Off1$ 130,000240250,000960320,0001,200 $ 200,0002,400

What percentage of joint cost is allocated to each of the three products using the sales value at split-off method

Product % of sales value

1

2

3

4