Glam Company makes two products from a joint input that have the following information: Product X: 50,000 units produced; sales value per unit at split off is $10; total additional processing costs are $400,000; and the sales value per unit after additional processing is $15. Product Y: 30,000 units produced; sales value per unit at split off is $8; total additional processing costs are $300,000; and the sales value per unit after additional processing is $20. The joint cost incurred to produce the two products to the split off point is $600,000. How much joint cost should be allocated to Product X using the relative sales value at split off as the allocation method? Which products (X or Y) should be processed further?