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 $135,000 was as follows: Separable Processing cost Units Produced Sales Value (after additional processing) L $ 16,000 3,600 M $ 37,000 8,500 $ 84,000 $ 80,000 N $ 20,000 6,700 $ 43,000 Total $ 73,000 18,800 $ 207,000 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 $68,507. $22,098. $43,321. $55,066. $23,172.