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

Product	Pounds	Price/lb.
Loin chops	3,080	$5.40
Ground	10,200	2.20
Ribs	4,120	5.05
Bacon	6,160	3.70

The total joint cost for the current period was $45,400. How much of this cost should Wren Pork allocate to Loin chops?

$0.

$6,443.

$9,134.

$11,350.

$45,400.