Feed: $70,000/$200,000 = 35% 35% × $120,000 = $42,000
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) $24,500.
B) $84,000.
C) $66,000.
D) $70,000.
E) $200,000.
C) $66,000.
Flour: $110,000/$200,000 = 55%
55% × $120,000 = $66,000
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