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	Pounds		Price per Pound
Feed	100,000			$	0.70
Flour	50,000				2.20
Starch	20,000				1.00

How much of the $120,000 cost should be allocated to feed if the value basis is used?

Group of answer choices

$42,000.

$12,250.

$45,000.

$70,000.

$100,000.