Printing Co. opened a new business location on April 1. During April, Printing Co. sold $90,000 of copies for cash along with $168,000 of copies on account to customers. Payments collected from these customers amounted to $106,000 during April, with the balance to be collected during May. How much revenue should Printing Co. report on its April income statement

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.