Operating data for Blue Spruce Corp. are presented below. 2022 2021 Sales revenue $834,000 $623,500 Cost of goods sold 530,700 409,600 Selling expenses 129,000 76,200 Administrative expenses 79,600 51,000 Income tax expense 33,500 26,800 Net income 61,200 59,900 Prepare a schedule showing a vertical analysis for 2022 and 2021. (Round percentages to 1 decimal place, e. g. 12.1%.)

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.