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: 21,000 gallons (after shrinkage)

Production: Butter Cream 7,500 gallons Condensed Milk 13,500 gallons Sales: Butter Cream 7,000 gallons gallons per gallon per gallon Condensed Milk 13,000 $3.50 Sales Price: Butter Cream Condensed Milk $8.50 Separable costs in Butter Cream total: $15,000 Condensed Milk $34,700 The cost of purchasing the of unprocessed milk and processing it up to the split- off point to yield a total of 21,000 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 interme

A. $15,000

B. $34,700

C. $3,375

D. $45,625

Ured Materials processed: 21,000 gallons (after shrinkage) products, Butter Cream and Condensed Milk. The following information was collected for Production: Butter Cream 7,500 gallons Condensed Milk 13,500 gallons Sales: Butter Cream 7,000 gallons Condensed Milk 13,000 gallons Sales Price: Butter Cream $3.50 per gallon Condensed Milk $8.50 Separable costs in Butter Cream per gallon $15,000 total: Condensed Milk $34,700 The cost of purchasing the of unprocessed milk and processing it up to the split-off point to yield a total of 21,000 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 M OA $15,000 OB $34 700 OC. $3,375 OD. $45,625