MC Qu. 78 A lumber mill paid... A lumber mill paid $135,000 for logs that produced 102.500 board feet of lumber in 3 different grades and amounts as follows: ra uc Structural No. 1 Common No. 2 Common 15,000 board feet 37,500 board feet 50,000 board feet $3,000/1,e0e bd. ft $1,800/1,000 bd. ft. $ 750/1,000 bd. ft. Compute the portion of the $135,000 joint cost to be allocated to No. 2 Common if the value basis is used Multiple Choice $45,000 SO. PA