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Husky Orchards processes apples into apple juice, apple sections, and applesauce. During 2016, Husky Orchards processed 50,000 kilograms of apples. The joint costs of processing the apples were $90,000 Following the joint process, the separate products can be further processed with no loss of volume. There were no beginning inventories at the beginning of 2021. Production and sales value information for 2021 were as follows: Product Juice Sections Cases produced 12,000 12,000 20,000 Sales Value at Split-Off Separable costs $ 7 per case $ 40,000 $ 8 per case $ 45,000 $5 per case $ 48,000 Final Selling Price $ 15 per case $ 18 per case $ 12 per case Sauce REQUIRED: SHOW YOUR DETAILED CALCULATIONS 1. Assume that Husky Orchards uses the Sales Value at Split-Off Method to allocate joint costs and processes all products to their final state. Allocate the joint costs among the joint products (6 marks) 2. At the end of 2021 Husky Orchards had 2,000 cases of Juice and 1,500 cases of Sauce remaining in inventory. What is the value of the inventory at the end of 2021? (9 marks)