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 Feed Sales Value Flour Starch $ 70,000 110,000 20,000 Total $ 200,000 How much of the $120,000 cost should be allocated to feed if the value basis is used? Multiple Choice $12.250 $42.000 $45.000