Laredo manufactures Nuts and Bolts from a joint process (cost = $81,000). 6,000 pounds of Nuts can be sold at split-off for $20 per pound 12,000 pounds of Bolts can be sold at split-off for $15 per pound.

For product costing purposes Laredo allocates joint costs using the relative sales value method. The amount of joint cost allocated to Nuts would be:

Group of answer choices

$48,600

$32,400.

$40,500.

$79,500.

$81,000.