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Serene Dairy Has Four Product Lines: Sour Cream, Ice Cream

Question 105

Multiple Choice

Serene Dairy has four product lines: sour cream, ice cream, yogurt, and butter. The total cost of producing the milk base for the products is $45,000, which has been allocated based on the gallons of milk base used by each product. Results for July follow: Serene Dairy has four product lines: sour cream, ice cream, yogurt, and butter. The total cost of producing the milk base for the products is $45,000, which has been allocated based on the gallons of milk base used by each product. Results for July follow: How much are total joint costs of the products? A) $28,000 B) $17,000 C) $45,000 D) $15,000 How much are total joint costs of the products?


A) $28,000
B) $17,000
C) $45,000
D) $15,000

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