Baird Chemical Company makes three products, B7, K6, and X9, which are joint products from the same materials. In a standard batch of 300,000 pounds of raw materials, the company generates 75,000 pounds of B7,150,000 pounds of K6, and 75,000 pounds of X9. A standard batch costs $1,500,000 to produce The sales pices per pound are $10,$14, and $12 for B7, K6, and 9, 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 Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Allocate the joint product cost among the three final products using weight as the allocation base. Baird Chemical Company makes three products. B7, K6, and X9, which are joint products from the same materials. In a standard batch of 300,000 pounds of raw materials, the company generates 75,000 pounds of B7,150,000 pounds of K6, and 75,000 pounds of X9. A standard batch costs $1,500,000 to produce. The sales prices per pound are $10,$14, and $12 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. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Allocate the joint product cost among the three final products using market value as the allocation base. Note: Round "Alocation rate" to 2 decimal places