Turn Pipe Incorporated produces three main products J, K and L. Turn Pipe incurred $330,650 joint costs. Joint Cost are allocated based on net realizable value. Additional information: Each product can be processed further in other products according to the following table: Units Processed further Product Revenue per unit Separable costs and make J 7,000 Product Enjoy $50 $50,000 K 5,000 Product Your $40 $40,000 L 6,000 Product Future $68 $148,000 M 1,000 Product Good luck $85 $5,000 a. Determine the amount of joint costs to be allocated to each product using NRV. b. Determine the amount of joint cost allocated to each product using constant margin c. Provide two reasons for a company to allocate joint costs?