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 69 times)

D2AR0N

  • Hero Member
  • *****
  • Posts: 561
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:27,500 gallons (after shrinkage)
Production:Butter Cream12,500gallons
​Condensed Milk15,000gallons
Sales:Butter Cream12,000gallons
​Condensed Milk14,500gallons
Sales Price:Butter Cream$4.50per gallon
​Condensed Milk$8.00per gallon
Separable costs in total:Butter Cream$13,000​
​Condensed Milk$35,600​

The cost of purchasing the of unprocessed milk and processing it up to the split-off point to yield a total of 27,500 gallons of saleable product was $53,000. 

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

◦ $33,580
◦ $13,000
◦ $35,600
◦ $19,428
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 D2AR0N on Mar 6, 2021

Jordin Calloway

  • Sr. Member
  • ****
  • Posts: 334
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


D2AR0N

  • Member
  • Posts: 561
Reply 2 on: Mar 6, 2021
Thanks for the timely response, appreciate it

elyse44

  • Member
  • Posts: 319
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

The FDA recognizes 118 routes of administration.

Products of the Root's Primary Meristems Products of the Root's Primary Meristems
milk snake milk snake
The Procedure Used to Produce Conditioned Emotional Responses The Procedure Used to Produce Conditioned Emotional Responses
Processes of the Middle and Upper Troposphere: Rossby Waves and Vorticity Processes of the Middle and Upper Troposphere: Rossby Waves and Vorticity
Contribution of enthalpy and entropy to several favorable processes Contribution of enthalpy and entropy to several favorable processes
Instilling Vaginal Cream by Using an Applicator Instilling Vaginal Cream by Using an Applicator
Video: The Pressure Flow Model in a Plant

For a complete list of videos, visit our video library