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The Brital Company Processes Unprocessed Milk to Produce Two Products,Butter

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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:
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:     The costs of purchasing the of unprocessed milk and processing it up to the split-off point to yield a total of 28,000 gallons of saleable product was $113,100. The company uses constant gross-margin percentage NRV method to allocate the joint costs of production.If separable costs of Butter Cream was $17,500 and constant gross margin was 20%,what would have been the allocated joint costs of Condensed Milk? A) $20,900 B) $34,900 C) $92,200 D) $87,200
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:     The costs of purchasing the of unprocessed milk and processing it up to the split-off point to yield a total of 28,000 gallons of saleable product was $113,100. The company uses constant gross-margin percentage NRV method to allocate the joint costs of production.If separable costs of Butter Cream was $17,500 and constant gross margin was 20%,what would have been the allocated joint costs of Condensed Milk? A) $20,900 B) $34,900 C) $92,200 D) $87,200
The costs of purchasing the of unprocessed milk and processing it up to the split-off point to yield a total of 28,000 gallons of saleable product was $113,100.
The company uses constant gross-margin percentage NRV method to allocate the joint costs of production.If separable costs of Butter Cream was $17,500 and constant gross margin was 20%,what would have been the allocated joint costs of Condensed Milk?


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