Lond Company produces joint products Jana and Reta, and by-product Bynd. Jana is sold at split-off; Reta and Bynd undergo additional processing. Production data pertaining to these products for the year ended December 31, 2010, were as follows:

 

	Jana	Reta	Bynd	Total
Joint costs
Variable				$88,000
Fixed				$148,000
Separable costs
Variable		$120,000	$3,000	$123,000
Fixed		$90,000	$2,000	$92,000
Production in pounds	50,000	40,000	10,000	100,000
Sales price per pound	$4.00	$7.50	$1.10

Lond had no beginning or ending inventories and no materials were spoiled in production. Bynd's net realizable value is deducted from joint costs. Joint costs are allocated to joint products to achieve the same gross margin percentage for each joint product.

Required

Prepare the following information for Lond Company for the year ended December 31, 2010:

1. Total gross margin.

2. Allocation of joint costs to Jana and Reta.

3. Separate gross margins for Jana and Reta.