This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The Kenton Company processes unprocessed milk to produce two products, Butter Cream and Condensed ... (Read 43 times)

V@ndy87

  • Hero Member
  • *****
  • Posts: 571
on: Mar 6, 2021
The Kenton 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:22,500 gallons (after shrinkage)
Production:Butter Cream12,000gallons
​Condensed Milk10,500gallons
Sales:Butter Cream11,500gallons
​Condensed Milk10,000gallons
Sales Price:Butter Cream$3.50per gallon
​Condensed Milk$9.00per gallon
Separable costs in total:Butter Cream$15,000​
​Condensed Milk$35,800​

The cost of purchasing the of unprocessed milk and processing it up to the split-off point to yield a total of 22,500 gallons of saleable product was $51,000. 

The company uses constant gross-margin percentage NRV method to allocate the joint costs of production.  What is the allocated joint costs of Condensed Milk? (Round intermediary percentages to the nearest hundredth.)

◦ $34,678
◦ $16,324
◦ $15,000
◦ $35,800
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by V@ndy87 on Mar 6, 2021

ecabral0

  • Sr. Member
  • ****
  • Posts: 310
Reply #1 on: Mar 6, 2021
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.
Answer Preview
Only 29% of students answer this correctly


V@ndy87

  • Member
  • Posts: 571
Reply 2 on: Mar 6, 2021
YES! Correct, THANKS for helping me on my review

tranoy

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Examples of the most common X-ray positions and the images they produce. Examples of the most common X-ray positions and the images they produce.
Natural Products Used as Antineoplastic Therapy Natural Products Used as Antineoplastic Therapy
Common Fluoride Products Common Fluoride Products
Digestive Processes Digestive Processes
A common autosomal recessive allele can produce a pedigree that looks like an autosomal dominant tra A common autosomal recessive allele can produce a pedigree that looks like an autosomal dominant tra
Butter chicken and tikka masala with Roti Butter chicken and tikka masala with Roti
Video: Mutations and translation

For a complete list of videos, visit our video library