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'l processing) L M N Total $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 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. $40,313. $23,438. $27,109. $11,250