Orange Paper Company processes wood pulp into two products. During February the joint costs of processing were $156,000. Production and sales value information for the month were as follows: Sales Value at Product Kilograms Produced splitoff Point Separable Costs Paper 180,000 $30,000 $232,000 Cardboard 132,000 20,000 277,000 Paper sells for $2.85 a kilogram and cardboard sells for $3.90 a kilogram. There were no beginning inventories for April but ending inventories totalled 15,000 kilograms for paper and 18,000 kilograms for cardboard. How much of the Orange Paper Company joint costs should be allocated to the cardboard using the net realizable value method based on total production? $62,400 $93,600 $84,240 $71,760 $78,000