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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

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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 $210,000, and the following quantities of product and sales revenues were produced. Product Pounds Price per Pound Feed 180,000 $ 2.50 Flour 41,000 2.90 Starch 11,000 10.00 How much of the $210,000 cost should be allocated to feed if the value basis is used? (Round your intermediate percentage to the nearest whole percent.) Multiple Choice $138,600 $239,999 $210,000 Multiple Choice $138,600 $239,999 $210,000 $0. $450,000

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