PART C ( 25 points) Nada Diary Company processes unprocessed Cow milk up to the split-off point where two products, condensed cow milk and skim cow milk result. The following data were collected for the month of October: Direct Materials processed: quad65,000 gallons (shrinkage was 10% ) Production: condensed cow milk quad26,100 gallons skim cow milk quad32,400 gallons Sales: condensed cow milk $3.50 per gallon skim cow milk $2.50 per gallon The costs of purchasing the 65,000 gallons of unprocessed cow milk and processing it up to the split-off point to yield a total of 58,500 gallons of salable product was $72,240. There were no beginning inventory balances of either product. Condensed cow milk may be processed further to yield