5. jerry lost her credit card and instead of reporting it right away, she decides to continue looking for it for a couple of days. on the second day, she makes the call and reports the card lost/stolen to the credit card company. she then logs into the account activity page of her credit card and sees a recent $500 purchase that was made by someone else. how much of this $500 charge will jerry have to pay?

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.