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The Green Company processes unprocessed goat milk up to the splitminusoff point where two products, condensed goat milk and skim goat milk result. The following

The Green Company processes unprocessed goat milk up to the

splitminusoff

point where two products, condensed goat milk and skim goat milk result. The following information was collected for the month of October:

Direct materials

processed:

102 comma 000102,000

gallons (after shrinkage)

Production:

Condensed goat milk

44 comma 00044,000

gallons

Skim goat milk

58 comma 00058,000

gallons

Sales:

Condensed goat milk

$ 3.25$3.25

per gallon

Skim goat milk

$ 2.75$2.75

per gallon

The costs of purchasing the of unprocessed goat milk and processing it up to the

splitminusoff

point to yield a total of

102 comma 000102,000

gallons of saleable product was

$ 187 comma 480$187,480.

There were no inventory balances of either product. Condensed goat milk may be processed further to yield

43 comma 50043,500

gallons (the remainder is shrinkage) of a medicinal milk product, Xyla, for an additional processing cost of

$ 7$7

per usable gallon. Xyla can be sold for

$ 22$22

per gallon.Skim goat milk can be processed further to yield

56 comma 70056,700

gallons of skim goat ice cream, for an additional processing cost per usable gallon of

$ 7$7.

The product can be sold for

$ 12$12

per gallon. There are no beginning and ending inventory balances.

Using estimated net realizable value, what amount of the joint costs would be allocated Xyla and the skim goat ice cream? (Round intermediary percentage calculations to the nearest hundredth.)

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