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 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 $23,438 $33,434 $3,614 $46,875 $4,688

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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 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 $23,438  $33,434  $3,614  $46,875  $4,688

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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

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