7) The Brital 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: 33,000 gallons

Production:	Butter Cream	13,500	gallons
	Condensed Milk	19,500	gallons
Sales:	Butter Cream	13,000	gallons
	Condensed Milk	19,000	gallons
Sales:	Butter Cream	$3.50	per gallon
	Condensed Milk	$5.50	per gallon
Separable costs in total:	Butter Cream	$15,000
	Condensed Milk	$34,600

The costs of purchasing the of unprocessed milk and processing it up to the split-off point to yield a total of 33,000 gallons of saleable product was $89,450. 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?

8) The Brital 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: 31,000 gallons

Production:	Butter Cream	13,000	gallons
	Condensed Milk	18,000	gallons

Sales:	Butter Cream	12,500	gallons
	Condensed Milk	17,500	gallons
Sales:	Butter Cream	$3.50	per gallon
	Condensed Milk	$9.50	per gallon
Separable costs in total:	Butter Cream	$14,500
	Condensed Milk	$33,900

The costs of purchasing the of unprocessed milk and processing it up to the split-off point to yield a total of 31,000 gallons of saleable product was $146,450. 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?

9) The Brital 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: 28,000 gallons

Production:	Butter Cream	12,000	gallons
	Condensed Milk	16,000	gallons
Sales:	Butter Cream	11,500	gallons
	Condensed Milk	15,500	gallons
Sales:	Butter Cream	$4.00	per gallon
	Condensed Milk	$10	per gallon
Separable costs in total:	Butter Cream	$15,000
	Condensed Milk	$35,800

The costs of purchasing the of unprocessed milk and processing it up to the split-off point to yield a total of 28,000 gallons of saleable product was $113,100. The company uses constant gross-margin percentage NRV method to allocate the joint costs of production. If separable costs of Butter Cream was $17,500 and constant gross margin was 20%, what would have been the allocated joint costs of Condensed Milk?

10) Cola Drink Company processes direct materials up to the split-off point where two products, A and B, are obtained. The following information was collected for the month of July:

Direct materials processed:Production: A

BSales: A B

3,500 liters (with 15% shrinkage) 2,100 liters 875 liters $40 per liter

$35 per liter

The cost of purchasing 3,500 liters of direct materials and processing it up to the split-off point to yield a total of 2,975 liters of good products was $7,000. There were no inventory balances of A and B.

Product A may be processed further to yield 2,000 liters of Product Z5 for an additional processing cost of $160. Product Z5 is sold for $60 per liter. There was no beginning inventory and ending inventory was 125 liters.

Product B may be processed further to yield 800 liters of Product W3 for an additional processing cost of $290. Product W3 is sold for $65 per liter. There was no beginning inventory and ending inventory was 25 liters. What is Product Z5's estimated net realizable

value at the split-off point?