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This question: 10 point(s) possible The Kenton Company processes unprocessed milk to produce two products, Butter Cream and Condensed Milk. The following information was
This question: 10 point(s) possible 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: 19,500 gallons (after shrinkage) Production: Sales: Butter Cream Condensed Milk Butter Cream 9,000 gallons 10,500 gallons 8,500 gallons Condensed Milk 10,000 gallons Sales Price: Separable costs in Butter Cream total: Butter Cream Condensed Milk $3.50 per gallon $9.00 per gallon $13,000 Condensed Milk $35,000 OA. $35,000 OB. $13,000 OC. $42,254 O D. $12,751 Time Remaining: C F4 F5 OA. $35,000 The cost of purchasing the of unprocessed milk and processing it up to the split-off point to yield a total of 19,500 gallons of saleable product was $55,000. 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.) OB. $13,000 OC. $42,254 O D. $12,751 F6 F7 Q Time Remaining: 01:12:16 PrtSc Insert Delete F8 F9 F10 F11 F12 + Nur Backspace Nex
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