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 $134,000. Sales values and costs needed to evaluate Split's production policy follow.

Product	Units Produced	Sales Value at Split Off	If Processed Further
			Sales Value	Additional Costs
x	22,000	$ 43,500	$ 97,500	$ 4,700
y	12,000	25,500	50,500	10,000
z	6,000	30,000	44,000	12,000

The amount of joint costs allocated to product X using the sales value at split-off 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

• $29,504.

• $47,251.

• $40,606.

• $58,879.

• $34,515.