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Harmon Inc. produces joint products L, M, and from a joint process. Information concerning a batch produced in May at a joint cost of $160,000

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Harmon Inc. produces joint products L, M, and from a joint process. Information concerning a batch produced in May at a joint cost of $160,000 was as follows Separable Processing cost Units Produced Sales Value (after adat'l processing) N Total $18,500 $42,000 $27,500 $ 88,000 4.600 11,000 7,200 23,300 $94,000 $92,500 $58.000 5244,500 The amount of joint costs allocated to product using the net realizable value method calculate all ratios and percentages to 4 decimal places, for example 333333%, and round all dollar amounts to the nearest whole dollar Multiple Choice 0 $54629 $3132 Multiple Choice O $51,629 $31,182 O $63,747 $30,108 $77,188

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