Question

Multiple Choice Question 120 Sunland Company has four product lines: sour cream, ice cream, yogurt, and butter The total cost of producing the milk base for the products is $52000, which has been allocated based on the gallons of milk base used by each product. Results for July follow: Sour Cream Ice Cream Yogurt Butter Total Units sold 2000 500 2000 400 4900 Revenue $11050 $22100 $11050 $22100 $66300 Variable departmental 7350 16100 5250 5950 34650 costs Fixed costs 5000 2000 3000 7000 17000 Net income (loss) $(1300) $4000 $2800 9150 $14650 How much are total joint costs of the products? $14650 $51650 $34650 $17000 Click if you would like to Show Work for this auestion: Onen Show Work

Answer 1

Total joint costs = Total Variable departmental costs + Total fixed costs = 34,650 + 17,000 = 51,650 Comment if you face any issues