Answer the Following Questions Using the Information Below:
the Brital

question 50

Multiple Choice

Answer the following questions using the information below:
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: 28,000 gallons
$$\begin{array} { | l | l | r | r | } \hline \text { production: } & \text { butter Cream } & 12,500 & \text { gallons } \\\hline & \text { Condensed Milk } & 15,500 & \text { gallons } \\\hline \text { Sales: } & \text { Gutter Cream } & 12,000 & \text { gallons } \\\hline & \text { Condensed Milk } & 15,006 & \text { gallons } \\\hline \text { Sales: } & \text { butter Cream } & \$ 2.5 & \text { per gallon } \\\hline & \text { Condensed Milk } & \$ 5.5 & \text { per gallon } \\\hline \text { Separable costs in } & & & \\\text { total: } & \text { butter Cream } & \$ 13,500 & \\\hline & \text { Condensed Milk } & \$ 33,708 & \\\hline\end{array}$$ The costs of purchasing the of unprocessed milk and processing it up to the splitoff point to yield a total of 28,000 gallons of saleable product was $46,000.
The company uses constant gross-margin percentage NRV method to allocate the joint costs of production.
-What is the allocated joint costs of Butter Cream?

• A) $33,700
• B) $13,500
• C) $34,500
• D) $11,500

Recognize legal requirements and implications concerning notice of termination.

Know the enforceability conditions of employment contracts.

Understand occupational health and safety obligations of employers towards employees.

Grasp the basics of employment standards laws including minimum wage.

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Definitions:

Indicators

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Variables in statistical analyses that are used to represent subgroups and measure categorical variables, often in the form of 0/1 binary indicators.

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