TB MC Qu. 22-78 (Algo) A company processed raw milk for...

A company processed raw milk for $290,000. This raw milk can be converted into the following types of milk with listed sales values:

Joint Products	Sales Value
Whole milk	$ 67,200
2% milk	107,000
Skim milk	93,800
Total	$ 268,000

Using the value basis, the total cost allocated to skim milk is:

Multiple Choice

$46,900.

$115,784.

$104,816.

$101,500.

$72,716.