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THE FOLLOWNG INFORMATION IS USED FOR QUESTIONS 4 - 8 Qulz Company produces four products from a common input. Joint costs to produce one batch

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THE FOLLOWNG INFORMATION IS USED FOR QUESTIONS 4 - 8 Qulz Company produces four products from a common input. Joint costs to produce one batch total $130,000. All products can either be sold at the split-off point or processed further. Information for one batch of the joint products is as folloms: Note Round all allocatian zatios to four decimal points Round all tolat aqtounts to the nearest dollar. Determine the amount of foint cosis allocated to Prodoct 1 using the phy)icar units mathod: Note: Glve your answer using dollar signs and commas but no decimal points (cents)

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