Question
Coronado Industries has four product lines: sour cream, ice cream, yogurt, and butter. The total cost of producing the milk base for the products is
Coronado Industries has four product lines: sour cream, ice cream, yogurt, and butter. The total cost of producing the milk base for the products is $38000, 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 | $8670 | $17340 | $8670 | $17340 | $52020 |
| Variable departmental costs | 4410 | 9660 | 3150 | 3570 | 20790 |
| Fixed costs | 5000 | 2000 | 3000 | 7000 | 17000 |
| Net income (loss) | $ (740) | $ 5680 | $ 2520 | $ 6770 | $14230 |
How much are total joint costs of the products?
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Eco Management And Auditing A Practical Guide To EC Regulations
Authors: Joseph Tanega
1st Edition
1859070094, 978-1859070093
