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

Coronado Dairy has four product lines: sour cream, ice cream, yogurt, and butter. The total costs of producing the milk base for the products is $53200 which has been allocated based on litres of milk base used by each product. Results of July follow:

How much are total joint costs of the products?

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Question 25 Coronado Dairy has four product lines: sour cream, ice cream, yogurt, and butter. The total costs of producing the milk base for the products is $53200 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 1660 750 530 4500 7440 Revenue $7000 $14700 $11700 $24600 $58000 Variable departmental costs 4300 9600 6700 11900 32500 Fixed costs 4500 1200 2300 5600 13600 Net income (loss) ($1800) $3900 $2700 $7100 $11900 How much are total joint costs of the products? O $32500 O $13600 O $53200 O $11900

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