Stowe, Inc., produces two joint products, PEL and VEL. The joint production costs for March 19X1 were $15,000. During March 19X1 further processing costs beyond the split-off point, needed to convert the products into salable form, were $8,000 and $12,000 for 800 units of PEL and 400 units of VEL, respectively. PEL sells for $25 per unit and VEL sells for $50 per unit. Assuming that Stowe uses the net realizable value method for allocating joint product costs, what were the joint costs allocated to product PEL for March 19X1? nju85 a $5,000 b $6,000 c $9,000 d $10,000

(AICPA Adapted.)