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Required Information Problem 17-31 Joint Products; Sell or Process Further (LO 17-4, 17-5) [The following information applies to the questions displayed below.) Winchester Chemicals uses a joint process to produce VX-4, a chemical used in the manufacture of paints and varnishes, HD-10, a chemical used in household cleaning products, and FT-5, a by-product that is sold to fertilizer manufacturers. Joint production costs are allocated to the main products on the basis of net realizable value. The by-product is Inventorled at its net realizable value, and this value is used to reduce the joint production cost before allocation to the main products. During the month of November, Winchester incurred joint production costs of $4,720,200 Data regarding Winchester's November operations are as follows: November produotion in gallons Salet value per allon at split-oft Superable processing cost Yinal sales value per allen Yinished-poods in entory in allens on November 30 (all produced during November) V-4 730,000 None 11.630,000 1 10 60 MD-10 385.000 7 30 $2,300,000 $ 16.00 T-5 98,000 $ 3.100 None None 10.300 32.100 2,800 "Disposal costs of $0.20 per gallon will be incurred in order to sell the by product Problem 17-31 Part 2 2. Determine the dollar values of Winchester Chemicals' finished-goods inventories on November 30 for VX-4 and HD-10. (Do not round Intermediate calculations. Round your final answers to the nearest dollar amount.) Inventory Values VX-4 HD-10