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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

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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: 22,500 gallons (after shrinkage) Production: Sales Butter Cream Condensed Milk Butter Cream Condensed Milk Butter Cream Condensed Milk Butter Cream Condensed Milk 12,000 gallons 10,500 gallons 11,500 gallons 10,000 gallons $3.50 per gallon $9.00 per gallon $15,000 $35,800 Sales Price: Separable costs in total: The cost of purchasing the of unprocessed milk and processing it up to the split-off point to yield a total of 22,500 gallons of saleable product was $51,000. 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.) O A. $34,678 O B. $35,800 O C. $15,000 OD. $16,324

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