Question: TB MC Qu. 22-79 A granary allocates... A granary allocates the cost of unprocessed wheat to the production of feed, flour, and starch. For the

TB MC Qu. 22-79 A granary allocates... 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 $310,000, and the following quantities of product and sales revenues were produced. Product Pounds Feed 110,000 Flour 51,000 Starch 21,000 Price per Pound $1.00 2.30 1.00 How much of the $310,000 cost should be allocated to feed if the value basis is used? (Round your intermediate percentage to the nearest whole percent.) Multiple Choice $136.400 $310,000 $0. $110,000 $146,666

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