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Wren Pork Company uses the value basis 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 value basis method of allocating joint costs in its production of pork products. Relevant information for the current period follows: Product Loin chops Ground Ribs Bacon Total Sales Value $15,400 20,020 19,250 22,330 $77,000 The total joint cost for the current period was $59,000. How much of this cost should Wren Pork allocate to Loin chops? Multiple Choice $0. C $15,340 $11,800. $17,110

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