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Bonita Dairy has four product lines: sour cream, ice cream, yogurt, and butter. The total costs of producing the milk base for the products is

Bonita Dairy has four product lines: sour cream, ice cream, yogurt, and butter. The total costs of producing the milk base for the products is $53500 which has been allocated based on litres of milk base used by each product. Results of July follow:

Sour Cream Ice Cream Yogurt Butter Total
Units sold 1680 720 530 4700 7630
Revenue $7100 $14700 $12500 $25300 $59600
Variable departmental costs 3500 9800 6800 11900 32000
Fixed costs 4700 900 1500 6400 13500
Net income (loss) ($1100) $4000 $4200 $7000 $14100

How much are total joint costs of the products?

$32000

$13500

$53500

$14100

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