If the exchange rate between the U. S. dollar and the Canadian dollar is 1:1.3,
which of the following is true?

A. A $5 item costs three times as much in Canada as it does in the
United States.

B. It costs more to buy a $5 item in Canada than it does in the United
States.

C. A $5 item costs three times as much in the United States as it
does in Canada.

D. It costs less to buy a $5 item in Canada than it does in the United
States.

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.