Approximated net realizable value method and sell or process further Lauren Inc. makes three products that can be sold at split-off or processed further and then sold. The joint cost for April is $1,728,000. Bottles of Sales Price Separate Cost Final Sales Product Output at Split-off after Split-Off Price Perfume 32,000 $7.00 $2.50 $16.50 Eau de toilette 51,200 5.00 1.50 13.00 Body splash 44,800 5.00 12.00 The number of ounces in a bottle of each product is: perfume, one; eau de toilette, two; and body splash, three. Assume that all products are processed further after split-off. 2.00 a. Allocate the joint cost based on the number of bottles, weight, and approximated net realizable values at split-off. Note: Round proportions to the nearest whole percentage and dollar amounts to the nearest whole dollar. Allocation by bottles Perfume $ 222,912 x Eau de Toilette 255,744 x Body Splash 1,449,344 X Total $ 1,728,000 Allocation by weight Perfume $ 32,000 X Eau de Toilette 10,240,000 x Body Splash 8,544,000 X Total $ 0 x $ OX Allocation by approx NRV Perfume Eau de Toilette Body Splash Total 0 X 0x $ Ox b. Assume that all products are processed further and completed. At the end of the period, the inventories are as follows: perfume, 960 bottles; eau de toilette, 2,560 bottles; and body splash, 2,688 bottles. Determine the values of the inventories based on answers obtained in (a). Note: Round your final answer to the nearest whole dollar. 1. Allocation by bottles Inventory levels Perfume $ OX Eau de Toilette OX Body Splash OX Total $ OX 2. Allocation by weight Inventory levels Perfume $ Eau de Toilette Body Splash Total $ OX OX 0x 3. Allocation by approximated NRV Inventory levels Perfume $ OX Eau de Toilette OX Body Splash OX Total $ OX