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 $115.000 was as follows: Separable Processing cost Units Produced Sales Value (after additional processing) M $ 14,000 2,800 $ 33,000 6,500 N $ 14,000 5,900 $ 76,000 $ 70,000 Total $ 61,000 $ 31,000 15,200 $177,000 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 33.3333%, and round all dollar amounts to the nearest whole dollar): Multiple Choice $15,779 $16,853 $36,681