3) Simpson Manufacturing Enterprises uses a joint production process that produces three products at the split-off point. Joint production costs during April were $720,000. The company uses the net realizable value method for allocating joint costs. Product information for April was as follows: Product 2,500 5,000 7,500 Gallons produced Sales prices per gallon: At the split-off After further processing Costs to process after split-off 100 $ 150 $ 150,000 $ 80 $ 115 $ 150,000 $ $ 30 $ 100,000 Required: Assume that all three products are main products and that they can be sold at the split-off point or processed further, whichever is economically beneficial to Simpson. Allocate the joint costs to the three products