The following information is relevant for a production process for Period 1: $ Direct material cost 10,000 Direct labour cost 5,000 Overheads 3,000 Total cost 18,000 The process produces joint products A and B, which are then sold at the prices given below. The output figure represents all of the output from the process.Product A Product B Units of output 2,000 8,000 Price per unit $5 $2.50 Required: Calculate the cost of sales, and gross profit for products A and B assuming: (i) joint costs are apportioned by market value (ii) joint costs are apportioned by production units.