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8 Wren Pork Company uses the value basis of allocating joint costs in its production of pork products. Relevant information for the current period follows:

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8 Wren Pork Company uses the value basis of allocating joint costs in its production of pork products. Relevant information for the current period follows: Product Loin chops Ground Ribs Bacon Pounds 3,240 10,800 4,600 9,000 Price/lb. $5.00 2.00 4.50 3.50 The total joint cost for the current period was $63,000. How much of this cost should Wren Pork allocate to Loin chops? Multiple Choice $0. $15.120. $11,340. $22.050. O $63,000

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