Forest Products, Inc. manufactures three products (FP-10, FP-20, and FP-40) from a single, joint input. None of the products can be sold without further processing. In November, joint product costs were $240,000. Additional information follows:

Required

Forest Products uses the physical quantities (units produced) method to allocate joint costs. What joint costs would be allocated to each of the three products in November?

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Product FP-10. FP-20.. FP-40.. Units Produced 66,000 99,000 55,000 Sales Values $168,000 308,000 84,000 Processing Costs (After Split Off) $ 28,000 108,000 24,000