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Answer the Following Questions Using the Information Below:
the Green  Direct Materials processed: 98,000 gallons (after shrinkage) \text { Direct Materials processed: } \quad 98,000 \text { gallons (after shrinkage) }

question 120

Multiple Choice

Answer the following questions using the information below:
The Green Company processes unprocessed goat milk up to the splitoff point where two products, condensed goat milk and skim goat milk result. The following information was collected for the month of October:
 Direct Materials processed: 98,000 gallons (after shrinkage)  \text { Direct Materials processed: } \quad 98,000 \text { gallons (after shrinkage) }
 Proauction:  Condensed goat milk 42,500 gallons  Skim goat milk 55,500 gallons  Sales:  Condensed goat milk $3.50 per gallon  skim goat milk $2.50 per gallon \begin{array}{lll}\text { Proauction: } & \text { Condensed goat milk } & 42,500 \text { gallons } \\& \text { Skim goat milk } & 55,500 \text { gallons } \\\text { Sales: } & \text { Condensed goat milk } & \$ 3.50 \text { per gallon } \\&\text { skim goat milk } & \$ 2.50 \text { per gallon }\end{array} The costs of purchasing the of unprocessed goat milk and processing it up to the splitoff point to yield a total of 98,000 gallons of saleable product was $184,480. There were no inventory balances of either product.
Condensed goat milk may be processed further to yield 42,000 gallons (the remainder is shrinkage) of a medicinal milk product, Xyla, for an additional processing cost of $4 per usable gallon. Xyla can be sold for $20 per gallon.
Skim goat milk can be processed further to yield 54,200 gallons of skim goat ice cream, for an additional processing cost per usable gallon of $4. The product can be sold for $9 per gallon.
There are no beginning and ending inventory balances.
-Using the sales value at splitoff method,what is the gross-margin percentage for condensed goat milk at the splitoff point?

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Definitions:

Mitochondrial DNA

The DNA located in mitochondria, the energy-producing structures within cells, inherited only from the mother and used to trace maternal lineage.

Mutation Rate

The frequency at which new mutations occur in a genome over a particular period of time, influencing genetic variation within populations.

Allele Frequency

The proportion of all copies of a genetic locus in a population that are of a particular allele variant.

Heterozygotes

Individuals having two different alleles for a specific gene, one inherited from each parent, which can result in varied expressions of certain traits.

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