Benson Chemical Company makes three products, B$7,$ K$6,$ and X$9,$ which are joint products from the same materials. In a standard batch of $386,300$ pounds of raw materials, the company generates $73,200$ pounds of $B7,166,700$ pounds of $K6,$ and $146,400$ pounds of $x9.$ A standard batch costs $$2,317,800$ to produce. The sales prices per pound are $$5,$$$15,$ and $$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.

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Required A

Required B

Allocate the joint product cost among the three final products using weight as the allocation base.

$\backslash$table$[[$Product$,,\backslash$table$[[$cation$],[$Rate$]],$x$,\backslash$table$[[$Weight of$],[$Base$]],=,,\backslash$table$[[$Alocated$],[$Cost$]]],[$B$7,$$$,73200,x,6x,=,$$$,439,200],[$K$6,,166700,x,6x,=,,1,000,200$