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 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