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A granary allocates the cost of unprocessed wheat to the production of feed, flour, and...

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Accounting

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A granary allocates the cost of unprocessed wheat to the production of feed, flour, and starch. For the current period, unprocessed wheat was purchased for $250,000, and the following quantities of product and sales revenues were produced. Price per Pound se.90 Product Pounds Feed 100,000 Flour 50,000 20,000 2.20 1.00 Starch How much of the $250,000 cost should be allocated to feed if the value basis is used? (Round your intermediate percentage to the nearest whole percent.) Multiple Choice $133,333. $250,000. $130,000 $102.500 so

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