Gibson Chemical Company makes three products, B7, K6, and 9. which are joint products from the same materials, in a standard batch of 342,000 pounds of row matenals, the company generates 80,000 pounds of 87,165,000 pounds of K6, and 97,000 pounds of 9. A standard batch costs $3,420,000 to produce The sales prices per pound are $8,$12, and $20 for B7,K6, and 9. respectively. Required 0. Allocate the foint product cost aniong the three final products using weight as the allocation base. b. Allocate the joint product cost aniong the three final products using morket value as the allocation base: Complete this question by entering your answers in the tabs below. Allocite the joint product cost among the three finat products using weight as the allocition bast. Gibson Chemical Company makes three products, B7, K6, and 9, which are joint products from the same materials. In a standard batch of 342,000 pounds of raw materials, the company generates 80,000 pounds of B7,165,000 pounds of K6, and 97,000 pounds of X9. A standard batch costs $3,420,000 to produce. The sales prices per pound are $8,$12, and $20 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 atlocation base: 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: Rousd "Allocation rate" to 2 decimal plices