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Sheridan Company has four product lines: sour cream, ice cream, yogurt, and butter. The total cost of producing the milk base for the products is

Sheridan Company has four product lines: sour cream, ice cream, yogurt, and butter. The total cost of producing the milk base for the products is $36000, 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 $8330 $16660 $8330 $16660 $49980
Variable departmental costs 3990 8740 2850 3230 18810
Fixed costs 5000 2000 3000 7000 17000
Net income (loss)

$ (660)

$ 5920

$ 2480

$ 6430

$14170

How much are total joint costs of the products?

a)$14170

b)$35810

c)$18810

d) $17000

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