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SW Flour Company buys whole wheat flour and mills it into Bread Flour and All-Purpose...

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SW Flour Company buys whole wheat flour and mills it into Bread Flour and All-Purpose White Flour (APWF). SW bought 300,000 pounds of whole wheat flour for $70,000. SW spent an additional $50,000 to process the whole wheat flour into Bread Flour and All-Purpose White Flour, so total joint costs equal $120,000. SW Flour Company reported the following production and sales information: SW can also put the All-Purpose White Flour through a second process and convert it into Cake Flour. This process costs an additionai $35,000 but 20,000 pounds of flour are lost and thus yields only 220,000 pounds of Cake Flour. The Cake Flour sells for $1 per pound. What would be the amount of the joint costs allocated to Cake Flour using the constant gross-margin percentage NRV method? $5,830$29,170$90,830$125,830

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