The following information relates to a joint production process for three products, with a total joint production cost of $105,000. There are no separable processing costs for any of the three products. Product 1 2 3 Sales Value at Split-Off $ 126,000 52,500 31,500 $ 210,000 Product 1 2 Assume that the total sales value at the split-off point for product 1 is $52,500 instead of $126,000 and the sales value of product 3 is $2,100 instead of $31,500. Assume also that the firm treats product 3 as a joint product and uses the net realizable value method for accounting for joint costs. There are no separable processing costs for product 3. What amount of joint costs would be allocated to the three products using the relative sales value method? (Round your intermediate percentage values to 2 decimal places (i.e. 24.35%) and final answers to nearest whole dollar amount.) Answer is complete but not entirely correct. Allocated Joint Cost $ $ Units at Split-Off 200 600 1,200 2,000 52,500 52,500 X

The following information relates to a joint production process for three products, with a total joint production cost of $105,000. There are no separable processing costs for any of the three products Assume that the total sales value at the split-otf point for product 1 is $52.500 instead of $126,000 and the sales value of product 3 is. $2,100 instead of $31,500. Assume also that the firm treats product 3 as a joint product and uses the net realizable value method for accounting for joint costs. There are no separable processing costs for product 3 . What amount of joint costs would be allocated to the three products using the relative sales value method? (Round your intermediote percentoge values to 2 decimal places (i.e. 24.35\%) ond finol answers to nearest whole dollar amount.) The following information relates to a joint production process for three products, with a total joint production cost of $105,000. There are no separable processing costs for any of the three products Assume that the total sales value at the split-otf point for product 1 is $52.500 instead of $126,000 and the sales value of product 3 is. $2,100 instead of $31,500. Assume also that the firm treats product 3 as a joint product and uses the net realizable value method for accounting for joint costs. There are no separable processing costs for product 3 . What amount of joint costs would be allocated to the three products using the relative sales value method? (Round your intermediote percentoge values to 2 decimal places (i.e. 24.35\%) ond finol answers to nearest whole dollar amount.)