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Delicious Dairy has 400 gallons of heavy cream and 1.500 gallons of skimmed milk and has incurred $2,000 of Joint costs at the split off

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Delicious Dairy has 400 gallons of heavy cream and 1.500 gallons of skimmed milk and has incurred $2,000 of Joint costs at the split off point. It can selech product at the split off point of process it further in relatively similar processes, managenient has decided that the most appropriate method for allocating Joint costs is the market value at split-off point. One gallon of cream sells for $10, while one gallon of milk sels for 4 How much of the joint cost is located to cream (Round percentage calculations to the nearest whole percent) 2 O $1,333 b. 52.000 O 5600 6. 5800

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