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TB MC Qu. 09-79 (Static) A granary allocates... A granary allocates the cost of unprocessed...

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TB MC Qu. 09-79 (Static) A granary allocates... 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 $120,000, and the following quantities of product and sales revenues were produced. Product Feed Flour Starch Total Sales Value $ 70,000 11 , 20,000 $ 200,000 How much of the $120,000 cost should be allocated to feed if the value basis is used? Multiple Choice O $12,250. O $45,000 O $100,000 O $42.000 O $70,000

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