Even though the nation faces political instability, the island of frollik with its wide, expansive beaches is a destination hub for cruise lines. recently, a large theme park company showed strong interest in buying land in frollik with the intent of building a park targeted toward families. the company wants to make a commitment to frollik, including the hiring of several hundred local employees. it is using a global marketing strategy

Solomon chemical company makes three products, b7, k6, and x9, which are joint products from the same materials. in a standard batch of 320,000 pounds of raw materials, the company generates 70,000 pounds of b7, 150,000 pounds of k6, and 100,000 pounds of x9. a standard batch costs $3,840,000 to produce. the sales prices per pound are $10, $14, and $20 for b7, k6, and x9, respectively. (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. (c) allocate the joint product cost among the three final products using weight as the allocation base.