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A Granary Allocates the Cost of Unprocessed Wheat to the Production

Question 89

Multiple Choice

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 $120,000, and the following quantities of product and sales revenues were produced. 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 $120,000, and the following quantities of product and sales revenues were produced. How much of the $120,000 cost should be allocated to feed if the value basis is used? A) $12,250. B) $42,000. C) $45,000. D) $70,000. E) $100,000. How much of the $120,000 cost should be allocated to feed if the value basis is used?


A) $12,250.
B) $42,000.
C) $45,000.
D) $70,000.
E) $100,000.

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