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Travis Petroleum is a small company that acquires crude oil and manufactures it into three intermediate products, differing only in grade. The products are Grade One, Grade Two, and Grade Three. No beginning inventories of finished goods or work-in-process existed on November The production costs for November were as follows (assume separable costs were negligible):  The portion of Travis’ joint production costs assigned to Grade Two based upon physical output is (rounded to the nearest thousand dollars)A. $3,273,000 B. $3,375,000 C. $1,636,000 D. $3,512,000 |