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Batches Incorporated produces joint products L, M, and N from a joint process. Information concerning a batch produced in May at a joint cost

Batches Incorporated produces joint products L, M, and N from a joint process. Information concerning a batch produced in May

$6,566. $ $7,640 $26,742 $37,177. O$50,618

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 $85,000 was as follows: L M N Total $ 43,000 Separable Processing cost $ 5,000 $ 11,000 1,600 $ 64,000 $ 27,000 3,500 Units Produced 4,700 9,800 Sales Value (after additional processing) $ 55,000 $ 13,000 $ 132,000 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): O O O O $6,566. $7,640. $26,742. $37,177. $50,618.

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