To succeed with a low-cost provider strategy, company managers have to A. pursue backward or forward integration to detour suppliers or buyers with considerable bargaining power and leverage. B. keep all value chain activities in-house where they can be monitored. C. sell direct to users of their product or service and eliminate use of any wholesale and retail intermediaries. D. do two things: (1) perform value chain activities more cost-effectively than rivals and (2) be proactive in revamping the firm's overall value chain to eliminate or bypass "nonessential" cost-producing activities. E. outsource the vast majority of value chain activities.

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.