A Dairy Allocates the Cost of Unprocessed Milk to the Production

question 136

Multiple Choice

A dairy allocates the cost of unprocessed milk to the production of milk, cream, butter and cheese.For the current period, unprocessed milk was purchased for $240,000, and the following quantities of product and sales revenues were produced. $\begin{array}{lrr}&&\text { Price per }\\\underline { \text { Product } } &\underline { \text { Pounds } } &\underline { \text { Pounds }} \\\text { Milk } & 100,000 & \$ 0.90 \\\text { Cheese } & 50,000 & 2.20 \\\text { Butter } & 20,000 & 1.00 \\\text { Cream } & 10,000 & 3.00\end{array}$ How much of the $240,000 cost should be allocated to milk?

• A)$0
• B)$86,400
• C)$90,000
• D)$133,333
• E)$240,000

Apply knowledge of intelligence theories to select appropriate assessment tools.

Acknowledge the complexity and ethical considerations in the assessment of intelligence.

Understand Robert Sternberg's theory of intelligence, including the three fundamental forms (analytic, practical, creative) and their applications.

Distinguish between fluid and crystallized intelligence, their characteristics, and their change over the lifespan.

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