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 $360,000, and the following quantities of product and sales revenues were produced.

Product	Pounds		Price per Pound
Feed	170,000		$	1.60
Flour	57,000			2.90
Starch	27,000			8.00

How much of the $360,000 cost should be allocated to feed if the value basis is used? (Round your intermediate percentage to the nearest whole percent.)

Multiple Choice

• $360,000.

• $272,000.

• $151,200.

• $0.

• $226,666.