Hatchett Inc

Multiple Choice

Hatchett Inc.produces joint products L,M,and N from a joint process.Information concerning a batch produced in May at a joint cost of $75,000 was as follows:
The amount of joint costs allocated to product M using the physical measure 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) :

A) $23,438.
B) $33,434.
C) $40,313.
D) $27,109.
E) $11,250.