The Brital Company Processes Unprocessed Milk to Produce Two Products

question 75

Multiple Choice

The Brital 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:29,500 gallons

The costs of purchasing the of unprocessed milk and processing it up to the split-off point to yield a total of 29,500 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 constant gross margin percent for Brital?

• A) 66%
• B) 29%
• C) 32%
• D) 41%

Calculate basic statistical measures (mean, median, mode) from given data.

Create visual representations of data using histograms.

Generate and interpret bar graphs for individual and comparative data analysis.

Construct and interpret line graphs for trend analysis over time.