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The Brital Company processes unprocessed milk to produce two products, Butter Cream and Condensed Milk....

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Accounting

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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: Direct Materials processed: 28,000 gallons Production Sales: Butter Cream Condensed Milk Butter Cream Condensed Milk Butter Cream Condensed Milk Butter Cream 12,500 gallons 15,500 gallons 12000 gallons 15,000 gallons $25 per gallon $5.5 per gallon $13,500 Sales: Separable costs in total: 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 total allocated joint costs of production? O A. $37,675 OB. $33,700 OC. $30,238 OD. $34,500

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