The Alfarm Corporation processes raw milk up to the split-off point where two products, cream and liquid skim, are produced and sold. There was no beginning inventory. The following material was collected for the month of February:
| Direct materials processed: | 760,000 gallons (738,000 gallons of good product) |
| Production: | Cream | 445,000 gallons |
| Liquid skim | 293,000 gallons |
| Sales: | Cream | 425,000 at $120 per gallon |
| Liquid skim | 283,000 at $110 per gallon |
The cost of purchasing 760,000 gallons of direct materials and processing it up to the split-off point to yield a total of 738,000 gallons of good product was $2,350,000. When using the physical-volume method, what is Cream's approximate production cost per gallon? (Round intermediary percentages to the nearest hundredth.)
◦ $2.64
◦ $3.09
◦ $3.18
◦ $3.33
Goat's milk
A Split-Brain Experiment
Women can express breast milk using a breast pump
Nutritional Similarities between Infant Formula and Breast Milk
Milk, nuts, seeds, fish
Constructing a Three-Point Recombination Map