Aurora house get burglarized so she needs to make an insurance claim. The burglar caused $50,000 in home damage. They stole Aurora's necklace valued at $10,000. Aurora pays a premium of $1700 dollars, and has done so for twelve years. Her deductible is $1,000. Her Insurance covers $50,000 in damages. Was insurance worth it? 1. Cost of Damages 2. Total Amount of Coverage 3. Total Amount Paid for Insurance 4. Explain: Was it worth it?​

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.