Harmon Inc. produces joint products L. M, and N from a joint process. Information concerning a batch produced in May at a joint cost of $75,000 was as follows: Separable Processing cost Units Produced Sales Value (after addt'1 processing) $10,000 $25,000 $2,000 $ 37,000 1,200 2,500 4,300 8,000 $60,000 $50,000 $7,000 $117,000 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 25 $4,688. $33,434. 46,875 23,438 $3,614