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:

		L		M		N		Total
Separable Processing cost	$	10,000	$	25,000	$	2,000	$	37,000
Units Produced		1,200		2,500		4,300		8,000
Sales Value (after addtl processing)	$	60,000	$	50,000	$	7,000	$	117,000

The amount of joint costs allocated to product M using the physical measure 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

• $33,434.

• $27,109.

• $11,250.

• $23,438.

• $40,313.