Barrett Chemicals manufactures four chemicals, Chem-1, Chem-2, Chem-3, and Chem-4, from a joint process. The total joint costs in May were $564,000. Additional information follows: 

Required

Barrett Chemicals uses the net realizable value method to allocate joint costs. What joint costs would be allocated to each product in May?

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Product Chem-1 Chem-2 Chem-3 Chem-4 Units Produced 288,000 176,000 192,000 144,000 800,000 Sales Value at Split-Off $220,000 264,000 149,600 246,400 $880,000 If Processed Further Additional Costs $32,700 29,400 24,900 26,300 $113,300 Sales Values $ 260,000 290,000 180,000 270,000 $1,000,000