Batches Incorporated produces joint products L, M, and N from a joint process. Information concerning a batch produced in May at a joint cost of $125,000 was as follows: L M N Total Separable Processing cost $ 15,000 $ 35,000 $ 17,000 $ 67,000 Units Produced 3,200 7,500 6,300 17,000 Sales Value (after additional processing) $ 80,000 $ 75,000 $ 37,000 $ 192,000 The amount of joint costs allocated to product M using the physical measure method is (calculate all ratios and percentages to 4 decimal places, for example 33.3333%, and round all dollar amounts to the nearest whole dollar):

Multiple Choice

$55,147.

$45,713.

$46,324.

$39,388.

$23,529.