Teruba Melons Purchased a Truckload of Watermelons Weighing 3,000 Pounds

Multiple Choice

Teruba Melons purchased a truckload of watermelons weighing 3,000 pounds for $900.The company separated the melons into two grades: superior and economy.The superior grade melons have a total weight of 2,400 pounds and the economy grade melons total 600 pounds.The company sells the superior grade at $0.60 per pound and the economy grade at $0.30 per pound.How much of the $900 cost of the truckload will be allocated to the superior grade melons using the relative sales value method? Use five significant digits in calculations.

A) $800
B) $720
C) $600
D) $1,440