Arkansas Corporation manufactures liquid chemicals A and B from a joint process. It allocates joint costs on the basis of sales value at split-off. Processing 5,300 gallons of product A and 1,600 gallons of product to the split-off point costs $6,200. The sales value at split-off is $2.00 per gallon for product A and $26.50 per gallon for product B. Product requires additional separable processing beyond the split-off point at a cost of $2,80 per gallon before it can be sold at a price of $34 per gallon Required: What is the company's cost to produce 1,600 gallons of product B? Product cost