Question: MC Qu. 79 A granary allocates... A granary allocates the cost of unprocessed wheat was purchased for $120.000, and the following quantities of product and

MC Qu. 79 A granary allocates... A granary allocates the cost of unprocessed wheat was purchased for $120.000, and the following quantities of product and sales revenues were p wheat to the production of feed, flour, and starch. For the current period, unprocessed Product Pounds Price per Pound Feed Flour Starch 20,000 100,000 50,000 $0.70 2.20 1.00 How much of the $120,000 cost should be allocated to feed if the value basis is used

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