Two products G and H are created from a joint process. G can be sold immediately after split off, H requires further processing before it is in a saleable condition. There are no opening inventories and no work in progress. The following data are available for last period:

'Total joint production costs 384,000

Further processing costs (product H) 159,600

Product Selling pace Sales Production

per unit units Units

G $0.84 400,000 412,000

H $1.82 200,000 228,000

Using the physical unit method for apportioning joint production costs, what was the cost value of the closing inventory of product G and H for the period?