A granary allocates the cost of unprocessed wheat to the production of feed, flour, and starch. For the current period, un processed wheat was purchased for $280,000, and the following quantities of product and sales revenues were produced. Product Pounds Price per pound Feed 160,000 $0.90 Flour 60,000 2.40 Starch 48,000 1.50 How much of the $280,000 cost should be allocated to flour if the value basis is used? Multiple Choice $360,000. $57,600. $112,000. $144,000. O $195,200