The Kenton Company processes unprocessed milk to produce two products, Butter Cream and Condensed Milk. The following information was collected for the month of June: Direct Materials processed: 22,000 gallons (after shrinkage) Production: Sales: Sales Price: Butter Cream Condensed Milk 7,500 gallons 14,500 gallons Butter Cream Condensed Milk Butter Cream Condensed Milk 7,000 gallons 14,000 gallons $5.50 per gallon $8.50 per gallon Separable costs in Butter Cream total: Condensed Milk $12,500 $35,000 The cost of purchasing the of unprocessed milk and processing it up to the split-off point to yield a total of 22,000 gallons of saleable product was $49,000. The company uses constant gross margin percentage NRV method to allocate the joint costs of production. What is the allocated joint costs of Condensed Milk? (Round intermediary percentages to the nearest hundredth.) OA. $11,697 OB. $35,000 C. $12,500 D. $37,298