Split Company produces three products - X, Y and Z - from a joint process. Each product may be sold at the split-off point or processed further. Additional processing requires no special facilities, and production costs of further processing are entirely variable and traceable to the products involved. Last year all three products were processed beyond split-off. Joint production costs for the year were $130,000. Sales values and costs needed to evaluate Split's production policy follow. Product X Units Produced 14,000 7,500 3,500 Sales Value at Split off $ 42,500 22,500 26,000 If Processed Further Sales Value Additional Co $ 92,500 $ 3,700 47,500 8,800 40,000 9,000 Z The amount of joint costs allocated to product X using the sales value at split-off method s (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 $27132