Sanford Agricultural Chemicals (SAC) produces two main products, M-4 and M-5, and one by-product, BYP, from a single input, Gen-10. Products M-4 and M-5 can either be sold at split-off or processed further and sold. A glven bateh begins with 2,760 pounds of Gen-10 with a cost of $248,400. Additional information regarding a batch follows: SAC uses the net realizable at split-off approach to allocate joint costs and treats the sales value of the by-product BYP as other income. Required: The joint cost allocated to product M-5 at Sanford Agricultural Chemicals for a given batch is: Mulipie Choice $151.800 $109,296