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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 $ and the following quantities of product and sales revenues were produced.
How much of the $ cost should be allocated to flour if the value basis is used?
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$
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