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Business, 15.10.2019 21:10 Madalyngarcia20

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 production: butter cream 12,500 gallons condensed milk 15,500 gallons sales: butter cream 12,000 gallons condensed milk 15,000 gallons sales: butter cream $2.5 per gallon condensed milk $5.5 per gallon separable costs in total: butter cream $13,500 condensed milk $33,700 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. if separable costs of butter cream was 16,000 and constant gross margin was 25%, what would have been the allocated joint costs of condensed milk?

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