General Chemical produced 10,000 gallons of Greon and 20,000 gallons of Baron. Joint costs incurred in producing the two products totaled…

General Chemical produced 10,000 gallons of Greon and 20,000 gallons of Baron. Joint costs incurred in producing the two products totaled $7,500. At the split-off point, Greon has a market value of $3.00 per gallon and Baron $6.00 per gallon. What portion of the joint costs should be allocated to Greon and Baron if the basis is market value at point of separation?