TRY IT! 16-1 Xavier Chemicals processes resin from fir trees into three products: printing inks, varnishes, and adhesives. During June, the joint costs of processing were $480,000. Additional information is given below: Product Printing inks Varnishes Adhesives Units Produced 15,000 liters 15,000 liters 7,500 liters Sales Value at Splitoff Point $120,000 72,000 48,000 Determine the amount of joint cost allocated to each product if Xavier uses (a) the physical measure method, and (b) the sales value at splitoff method