Chapter 24 Test A granary allocates the cost of unprocessed wheat to the production of feed, flour, and starch. For the current period, unprocessed wheat was purchased for $190,000, and the following quantities of product and sales revenues were produced Product Feed Flour Starch Pounds 120,000 54,000 22,500 Price per Pound $0.90 2.50 1.20 How much of the $190,000 cost should be allocated to flour if the value basis is used