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16.3-45a: The Brial Company processes unprocessed milk to produce two products, Butter Cream and Condensed Milk. Thefollowing information was collected for the month of June:
16.3-45a: The Brial Company processes unprocessed milk to produce two products, Butter Cream and Condensed Milk. Thefollowing information was collected for the month of June: Direct Meterials processed: 33,500 gallons Production Condensed M14,000 Sales Sales Separable costs in Buter Cream 00 Butter Cream 14,500 Condensed Milk 19.000 Butter Cream Condensed Milk 18,500 Butter Cream$5.00 Condensed Milk $7 50 gallons galons gallons gallons per gallon per gallon total: Condensed Milk $35,400 The company uses constant gross-margin percentage NRV costs of Butter Cream? ANS-3 method to allocate the joint costs of production. What is the allocated joint Steps
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