The berkel corporation manufactures widgets, gizmos, and turnbols from a joint process. june production is 5,000 widgets; 8,750 gizmos; and 10,000 turnbols. respective per unit selling prices at splitoff are $75, $50, and $25. joint costs up to the splitoff point are $187,500.

if joint costs are allocated based upon the sales value at splitoff, what amount of joint costs will be allocated to the widgets?

1. which one of the following would be an example of a supply-side market failure? a. a gas station is slowly leaking diesel fuel from its underground tanks, and after the leak is discovered, the business immediately cleans up the pollution at its own expense. b. a gas station is slowly leaking diesel fuel from its underground tanks, but the state uses taxpayer money to clean up the pollution rather than requiring the business to pay. c. your business wants to attract repeat customers by putting on a customer-appreciation picnic at a public park, but you decide not to because you couldn't prevent noncustomers from consuming the food and entertainment you provided. d. everyone rushes to the local retail outlet at midnight on the day of the release of a new video game console, and the store runs out before everyone is able to buy one.