Jackson Company manufactures three products from a joint process. Joint costs for the year amounted to $300,000. The following data was available: Product Units Produced Sales Value at Splitminusoff X 5,000 $70,000 Y 3,000 $30,000 Z 2,000 $100,000 Assume the physicalminusunits method of allocating joint costs is used. What amount of joint costs is allocated to Product Y?
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