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Wren Pork Company uses the relative market value method of allocating joint costs in its production of pork products. Relevant information for the current period

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Wren Pork Company uses the relative market value method of allocating joint costs in its production of pork products. Relevant information for the current period follows Product Loin chops Ground Ribs Bacon Pounds 3,000 10,000 4,000 6,000 Price/tb. $5.00 2.00 4.75 3.50 The total joint cost for the current period was $43,000. How much of this cost should Wien Pork allocate to Loin chops? Select one wa $0 Ob $5,909 Oc$8,600 d. $10,750 : $43.000

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