Lafayette Company manufactures two products out of a joint process: Compod and Ultrasene. The joint costs incurred are $930,000 for a standard production run that generates 138,000 gallons of Compod and 98,000 gallons of Ultrasene. Compod sells for $15.00 per gallon while Ultrasene sells for $14.25 per gallon.

Problem 17-32 Part 3

3. Suppose the following additional processing costs are required beyond the split-off point in order to obtain Compod and Ultrasene: $2.10 per gallon for Compod and $5.10 per gallon for Ultrasene. a. Calculate the amount of joint cost of each production run allocated to Ultrasene on a physical-units basis. b. Calculate the amount of joint cost of each production run allocated to Compod on a net-realizable-value basis. (Do not round intermediate calculations. Round your final answer to the nearest dollar amount.)