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 $80,000 was as follows: L M N Total Separable Processing cost $ 10,500 $ 26,000 $ 3,500 $ 40,000 Units Produced 1,400 3,000 4,500 8,900 Sales Value (after additional processing) $ 62,000 $ 52,500 $ 10,000 $ 124,500 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 $48,757. $25,089. $35,316. $6,154. $5,080.