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A Granary Allocates the Cost of Unprocessed Wheat to the Production

question 96

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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 $120,000,and the following quantities of product and sales revenues were produced. 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.   How much of the $120,000 cost should be allocated to feed if the value basis is used? A) $12,250. B) $42,000. C) $45,000. D) $70,000. E) $100,000. How much of the $120,000 cost should be allocated to feed if the value basis is used?


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