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Concord Dairy has four product lines: sour cream, ice cream, yogurt, and butter. The total costs of producing the milk base for the products is
Concord Dairy has four product lines: sour cream, ice cream, yogurt, and butter. The total costs of producing the milk base for the products is $46800 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 | 1710 | 730 | 470 | 5000 | 7910 |
Revenue | $6600 | $14600 | $11600 | $25000 | $57800 |
Variable departmental costs | 4200 | 10500 | 7000 | 11600 | 33300 |
Fixed costs | 4300 | 1200 | 2300 | 5700 | 13500 |
Net income (loss) | $(1900) | $2900 | $2300 | $7700 | $11000 |
How much are total joint costs of the products?
$33300
$13500
$46800
$11000
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