Required A is correct. just need required B answered
Finch Chemical Company makes three products, B7, K6, and X9, which are joint products from the same materials. In a standard batch of 336,700 pounds of raw materials, the company generates 72,000 pounds of B7, 166,800 pounds of K6 and 97,900 pounds of X9. A standard batch costs $3,367,000 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. ok + Complete this question by entering your answers in the tabs below. nces Required A Required B Required Allocate the joint product cost among the three final products using weight as the allocation base. Product Allocation Rate * Weight of Base - Allocated Cost B7 $ 10x 72,000 $ 720,000 K6 166,800 - 1,668,000 X9 97.900 979,000 Total located cost $ 3,367,000 101x 10 x Required > Finch Chemical Company makes three products, B7, K6, and X9, which are joint products from the same materials. In a standard batch of 336,700 pounds of raw materials, the company generates 72,000 pounds of B7, 166,800 pounds of K6, and 97.900 pounds of X9. A standard batch costs $3,367,000 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. Complete this question by entering your answers in the tabs below. Required a Required B Allocate the Joint product cost among the three final products using market value as the allocation base. (Round "Allocation rate" to 2 decimal places.) Allocation Rate * Welght of Base - Allocated Cost $ 0 0 Product B7 K6 X9 Total allocated cost 0 $ 0