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11. Capity Tea Products has an exclusive contract with British Distributors. Calamine and Capity are two brands of teas that are imported and sold to

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11. Capity Tea Products has an exclusive contract with British Distributors. Calamine and Capity are two brands of teas that are imported and sold to retail outlets. The following information is provided for the month of March: Sales in pounds Price per pound Variable cost per pound Contribution margin Actual Calamine Capity 3850 lbs. 3980lbs. $2.80 $2.80 1.00 2.00 $1.80 $0.80 Calamine 4500 lbs. $2.00 1.00 $1.00 Budget Capity 3500 lbs $3.00 1.50 $1.50 Budgeted and actual fixed corporate-sustaining costs are$1,850 and $2,300, respectively. * for the contribution margin, what is the total static-budget variance? (2 Points) The value must be a number 12.) The Green Company processes unprocessed goat milk up to the split-off point where two products, condensed goat milk and skim goat milk result. The following information was collected for the month of October Direct Materials processed: 104,000 gallons (after shrinkage) Production: Condensed goat milk 45,500 gallons Skim goat milk 58,500 gallons Sales Condensed goat milk $5.00 per gallon Skim goat milk $4.50 per gallon The costs of purchasing the of unprocessed goat milk and processing it up to the split-off point to yield a total of 104,000 gallons of saleable product was $186,480. There were no inventory balances of either product. Condensed goat milk may be processed further to yield 45,000 gallons (the remainder is shrinkage) of a medicinal milk product Xyla, for an additional processing cost of $4 per usable gallon Xyla can be sold for $19 per gallon. Skim goat milk can be processed further to yield 57 200 gallons of skim goat ice cream, for an additional processing cost per usable gallon of S4. The product can be sold for $9 per gallon Skim goat milk can be processed further to yield 57,200 gallons of skim goat ice cream, for an additional processing cost per usable gallon of $4. The product can be sold for $9 per gallon. There are no beginning and ending inventory balances. Using estimated net realizable value, what amount of the joint costs would be allocated Xyla and the skim goat ice cream? (Round intermediary percentage calculations to the nearest hundredth.) * (2 Points) O $675,000 and $286,000 O $130,984 and $55,496 O 586,448 and 5100.032 O $93.240 and 593.240

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