Use Constant $-$Margin Percentage NRV Method to allocate Joint cost to each product $($use Table$)$

The company has the following information:

Total Final Sale Value $$1,600,000$

Total Joint and Separable Costs $$1,200,000$

Gross Margin $ $400,000.$

Groos Margin $\%25\%$

Main Product A

Main Product B

Total

Final sales value of total production

$$500,000$

$$1,100,000$

$$1,600,000$

Gross Margin $(\%)$

Gross Margin $

$$400,000$

Total Costs

$

$

Separable Costs

$$280,000$

$$520,000$

$$800,000$

Joint Cost?

What amount of joint cost should beallocated to Product $1$ and to product $2$