Question: Please provide the answer to this general accounting question with proper steps. Johnson Company produces products X and Y from a joint process. Data for

Please provide the answer to this general accounting question with proper steps.

Johnson Company produces products X and Y from a joint process. Data for the current period is as follows: > Product X: 300 units produced, market value at split-off point: $12/unit Product Y: 400 units produced, market value at split-off point: $9/unit - Total joint costs: $5,400 If the value basis method is used, how much of the joint costs should be allocated to Product Y? a. $2,700 b. $3,240 c. $2,160 d. $3,600

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