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

Multiple Choice

Serene Dairy has four product lines: sour cream, ice cream, yogurt, and butter.The total costs of producing the milk base for the products is $53,000 which has been allocated based on litres of milk base used by each product.Results of July follow: How much are total joint costs of the products?

A) $33,000
B) $13,500
C) $53,000
D) $12,500