Torid Company processes 18,150 gallons of direct materials to produce two products, Product X and Product Y. Product X sells for per $6 gallon and Product Y for $160. The main product, sells for $160 per gallon. The following information is for Beginning Ending Production Sales Inventory Inventory Product X: 5,425 5,300 0 200 Product Y: 10,575 1 0,600 7 5 50 The manufacturing costs totalled $30,000. If the byproduct inventory is recorded at NRV less profit margin of 40%, the balance sheet will report of byproduct inventory. $450 $720