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Bramble Corp. has four product lines: sour cream, ice cream, yogurt, and butter. The total cost of producing the milk base for the products is
Bramble Corp. has four product lines: sour cream, ice cream, yogurt, and butter. The total cost of producing the milk base for the products is $53000, which has been allocated based on the gallons of milk base used by each product. Results for July follow:
Sour Cream | Ice Cream | Yogurt | Butter | Total | |
Units sold | 2000 | 500 | 400 | 2000 | 4900 |
Revenue | $11220 | $22440 | $11220 | $22440 | $67320 |
Variable departmental costs | 7560 | 16560 | 5400 | 6120 | 35640 |
Fixed costs | 5000 | 2000 | 3000 | 7000 | 17000 |
Net income (loss) | $ (1340) | $ 3880 | $ 2820 | $ 9320 | $14680 |
How much are total joint costs of the products?
| $52640 |
| $14680 |
| $35640 |
| $17000 |
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