Bonanza Co. manufactures products X and Y from a joint process that also yields a by-product, Z. Revenue from sales of Z is treated as a reduction of joint costs. Additional information is as follows: PRODUCTS Units produced Joint costs Sales value at split-off 26,000 $ ? $390,000 26,000 $ ? $195,000 13,000 $ ? $13,000 TOTAL 65,000 $292.000 $598,000 Joint costs were allocated using the net realizable value method at the split-off point. The joint costs allocated to product X were $97,500. O $118,800 $186,000. $195,000