Blue Bell Ice cream has two products that are record sellers. One is it's Homemade Vanilla and the other is its Moolenium Crunch. The Homemade Vanilla's only additive is imported Vanilla Bean which is placed in the recipe with all of the other ingredients at the beginning of it's production.

Moolenium crunch has caramel chunks, almonds, pecans and chocolate chunks, disbersed in homemade vanilla icecream. Because of the need to disberse the added ingredients evenly throughout the production process, the added items are disbersed evenly throughout the production process after the Homemade Vanilla's base has been provided. For the purpose of this project, you are to assume that a half gallon of homemade vanilla is used to create one gallon of Moolenium Crunch, and direct materials information for Moolenium Crunch does not include information related to Vanilla Ice Cream.

Use the following information to identify which prodcut Blue Bell should prioritize during the month of January. Make sure to answer this question along with subsequent questions presented at the end of this fact pattern with as great of detail as possible, and show all calculations, considering that all answers should be provided from the context of using the Weighted Average Method and then the FIFO approach.

Additionally, you are to assume that because these two product lines are the record sellers, all Gallons produced will be sold immediately.

$($Hint: If you merely attempt to duplicate what is found in the textbook, you will not be successful. You must think about the additional elements we spoke about in class.$)$

Homemade Vanilla

Moolenium

Sales Price $$7\mathrm{.}45$

$$8\mathrm{.}95$

Total Costs During the Month of January