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

Product		Pounds		Price/lb.
Loin chops		3,000		$	5.00
Ground		10,000			2.00
Ribs		4,000			4.75
Bacon		6,000			3.50

The total joint cost for the current period was $43,000. How much of this cost should Wren Pork allocate to Loin chops?

Multiple Choice

• $0.

• $5,909.

• $8,600.

• $10,750.

• $43,000.