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Use the Following Information for the Next 5 Questions

question 97

Multiple Choice

Use the following information for the next 5 questions.
The Great Foods Company processes milk into skim milk and butter. This year 70,000 gallons of will be processed, costing $40,000. If processed to the split-off point, this will yield 40,000 gallons of skim milk and 10,000 pounds of butter. Skim milk is sold to distributors for $1 per gallon and butter is sold for $0.75 per pound. Great Foods has the option of processing the two products further. Skim milk can be processed into canned, sweetened, condensed skim milk and sold for $0.80 per can. One gallon of skim milk makes 2 cans of condensed milk. To process 40,000 gallons of skim milk will cost $18,000. Butter can be processed into cake frosting, sold in containers for $2 each. One pound of butter goes into each container of frosting. The cost of processing 10,000 pounds of butter into frosting costs $15,000.
-What is the per-unit joint cost allocated to condensed milk and frosting under the physical output method if the number of units of output after further processing is used to measure output?

Recognize the features and distinctions among plant groups (monocots, eudicots, gymnosperms, etc.).
Understand the role of meristematic tissues and their involvement in plant growth and development.
Learn about the mechanisms of water, sugar, and mineral transportation within plants.
Appreciate the characteristics and functions of plant vascular tissues.

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