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Author Question: The Brital Company processes unprocessed milk to produce two products, Butter Cream and Condensed ... (Read 73 times)

pane00

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The Brital Company processes unprocessed milk to produce two products, Butter Cream and Condensed Milk. The following information was collected for the month of June:
Direct Materials processed:28,000 gallons
Production:Butter Cream12,000gallons
Condensed Milk16,000gallons
Sales:Butter Cream11,500gallons
Condensed Milk15,500gallons
Sales:Butter Cream$4.00per gallon
Condensed Milk$10.00per gallon
Separable costs in total:Butter Cream$15,000
Condensed Milk$35,800

The costs of purchasing the of unprocessed milk and processing it up to the split-off point to yield a total of 28,000 gallons of saleable product was $113,100. 

The company uses constant gross-margin percentage NRV method to allocate the joint costs of production.  If separable costs of Butter Cream was $17,500 and constant gross margin was 20%, what would have been the allocated joint costs of Condensed Milk?
◦ $20,900
◦ $34,900
◦ $92,200
◦ $87,200


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Marked as best answer by pane00 on Mar 6, 2021

bdobbins

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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pane00

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Reply 2 on: Mar 6, 2021
:D TYSM


lcapri7

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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