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: 23,500 gallons (after shrinkage) Production: Sales: Sales Price: Separable costs in total: Butter Cream Condensed Milk Butter Cream Condensed Milk Butter Cream Condensed Milk Butter Cream A. $35,500 B. $14,538 C. $37,468 OD. $14,000 11,000 gallons 12,500 gallons 10,500 gallons 12,000 gallons $4.00 per gallon $9.00 per gallon Condensed Milk $35,500 The cost of purchasing the of unprocessed milk and processing it up to the split-off point to yield a total of 23,500 gallons of saleable product was $52,000. 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.) $14,000

The Kentan Compary processes unprocessed milk to produce two products, Bitter Cream and Condensed Mik. The following information was collected for the month of June: Divec Malerials procelied: 23,500 galions (after shrinkage) The cost of purchasing the of unprocessed mik and processing it up to the split - ofl point to yield a total of 23,500 galons of saleable product was $52,000 The company uses constant gross - margin percentage NRV method to alocale the joint costs of production. What is the alocated joint costs of Condensed Mik? (Round internediary percentages to the nearest hundredth) A. $35600 . 514.536 C. 237.408 D. $14,000