Cheyenne Enterprises manufactures Nuts and Bolts from a joint process (cost = $90,000). Six thousand pounds of Nuts can be sold at split-off for $25 per pound; fifteen thousand pounds of Bolts can be sold at split-off for $20 per pound. For product costing purposes Cheyenne allocates joint costs using the relative sales value method. The amount of joint cost allocated to Bolts would be:

Multiple Choice

$60,000.

$90,000.

$36,000.

$30,000.

$96,000.