Two products, wood chips and fiberboard, come out of a joint process costing $420,000 per year. The sales value of the wood chips is $260,000 per year. The sales value of the fiberboard is $780,000 per year. Use the relative sales value method to calculate the joint costs of the joint process to the products. (Omit the "tiny_mce_markerquot; sign in your response.)