Yakima Manufacturing purchases trees from Cheney Lumber and processes them up to the splitoff point where two products (paper and pencil casings) are obtained. The products are then sold to an independent company that markets and distributes them to retail outlets. The following information was collected for the month of May: 
The cost of purchasing 100 trees and processing them up to the splitoff point to yield 70,000 sheets of paper and 60,000 pencil casings is $3,000.
Yakima's Manufacturing's accounting department reported no beginning inventories and an ending inventory of 2,000 sheets of paper.
What are the paper's and the pencils' approximate weighted cost proportions using the sales value at splitoff method, respectively?
Definitions:
External Theories
Concepts or explanations developed to understand phenomena outside an individual or organization, often involving the broader environment or society.
Consequences of Behavior
The outcomes or impacts that result from actions of an individual or group.
Dual-route Theories
Theories proposing that there are two distinct pathways in the brain for processing information, often contrasting automatic with controlled processes.
Internal Needs
Fundamental psychological or physiological necessities that drive behavior and must be met for an individual to achieve well-being.
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