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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
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 $152,400, and the following quantities of product and sales revenues were produced.
Product | Sales Value |
---|---|
Feed | $ 88,900 |
Flour | 139,700 |
Starch | 25,400 |
Total | $ 254,000 |
How much of the $152,400 cost should be allocated to flour if the value basis is used?
Multiple Choice
$31,115.
$106,680.
$83,820.
$88,900.
$254,000.
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