46.

Harmon Inc. produces joint products L, M, and N from a joint process. Information concerning a batch produced in May at a joint cost of $75,000 was as follows: $ Separable Processing cost Units Produced Sales Value (after addt'l processing) M N Total 10,000 $ 25,000 $2,000 $ 37,000 1,200 2,500 4,300 8,000 60,000 $ 50,000 $ 7,000 $ 117,000 $ The amount of joint costs allocated to product L using the net realizable value method is (calculate all ratios and percentages to 4 decimal places, for example 33.333396, and round all dollar amounts to the nearest whole dollar): 0 $3,614. O $46,875. O $23,438. O $33,434. O $38,462