The Alfarm Corporation processes raw milk up to the split-off point where two products, cream and liquid skim, are produced and sold. There was no beginning inventory. The following material was collected for the month of February:

Direct materials processed: 820,000 gallons (797,500 gallons of good product)

Production : Cream 443,000 gallons

Liquid skim 354,500 gallons

Sales: Cream 424,000 at $130 per gallon

Liquid skim 344,500 at $115 per gallon

The cost of purchasing 820,000 gallons of direct materials and processing it up to the split-off point to yield a total of 797,500 gallons of good product was $2,350,000. What are the physical-volume proportions to allocate joint costs for cream and liquid skim, respectively?

A) 54.02% and 45.98%

B) 55.55% and 44.45%

C) 50.00% and 50.00%

D) 53.17% and 46.83%

Include Solution please