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 $155,000 was as follows: Separable Processing cost Units Produced Sales Value (after additional processing) L $ 18,000 4,400 $ 92,000 M $ 41,000 10,500 $ 90,000 N $ 26,000 7,500 $ 55,000 Total $ 85,000 22,400 $ 237,000 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 $29,572. $62.020. O $28,498. o $75,461. O $49,967