The Mallak Company produced three joint products at a joint cost of $134,000. Two of these products were processed furthee. Production and sales were: Assume O is a by product and Mallak uses the cost reduction method of accounting for by-product cost. If estimated net realirable value is used, how much of the joint costs would be allocated to product R? Note: Do not round Intermedlate calculations. $83,750 $67,000 $54,375 548,333