The northville school board has proposed this budget for the upcoming school year: 20% for school staff’s salaries 50% for school maintenance and upkeep 10% to refurbish the gymnasium 5% to upgrade the computer lab hardware 10% for new instruments for the music department 5% for new sports equipment after a brief discussion, the school board revised the budget as follows: 20% for school staff’s salaries 50% for school maintenance and upkeep 10% to refurbish the gymnasium 10% to upgrade the computer lab hardware 5% for new instruments for the music department 5% for new sports equipment in this case, the opportunity cost for was .

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.