4 . nts Fanning Chemical Company makes three products, B7, K6, and X9, which are joint products from the same materials. In a standard batch of 332,800 pounds of raw materials, the company generates 75,300 pounds of B7, 156,600 pounds of K6, and 100,900 pounds of X9. A standard batch costs $3,328,000 to produce. The sales prices per pound are $10, $15, and $20 for B7, K6, and X9, respectively Required a. Allocate the joint product cost among the three final products using weight as the allocation base. b. Allocate the joint product cost among the three final products using market value as the allocation base. eBook Complete this question by entering your answers in the tabs below. Hint Required A Required B Print Allocate the joint product cost among the three final products using weight as the allocation base. erences Product Allocation Rate x Weight of Base = Allocated Cost B7 K6 X9 Total allocated cost Rouen A Required B > Chapter 4 Homework Seved Help Help 4 141 points Fanning Chemical Company makes three products, B7, K6, and X9, which are joint products from the same materials. In a standard batch of 332,800 pounds of raw materials, the company generates 75,300 pounds of B7, 156,600 pounds of K6, and 100,900 pounds of X9. A standard batch costs $3,328,000 to produce. The sales prices per pound are $10, $15, and $20 for B7, K6, and X9, respectively Required a. Allocate the joint product cost among the three final products using weight as the allocation base. b. Allocate the joint product cost among the three final products using market value as the allocation base. eBook Complete this question by entering your answers in the tabs below. Hint Required A Re B Print Allocate the joint product cost among the three final products using market value as the allocation base. (Round "Allocation rate" to 2 decimal places) References Allocation Rate x Weight of Base - Allocated Cost Product B7 K6 X9 Total located cost x