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Business, 21.04.2020 19:26 densliverdensentos

He 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: 29,500 gallons Production: Butter Cream 14,000 gallons Condensed Milk 15,500 gallons Sales: Butter Cream 13,500 gallons Condensed Milk 15,000 gallons Sales: Butter Cream $3.50 per gallon Condensed Milk $6.00 per gallon Separable costs in total: Butter Cream $13,500 Condensed Milk $34,600 The costs of purchasing the of unprocessed milk and processing it up to the split-off point to yield a total of 29,500 gallons of saleable product was $49,000. The company uses constant gross-margin percentage NRV method to allocate the joint costs of production. What is the constant gross margin percent for Brital?

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