Bob likes to buy and sell things. Assume Bob made the following transactions: he bought an antique for $300 and sold it for $500; he bought shares of stocks for $1,000 and sold the shares for $500; and he bought a car for $9,500 and sold it for $9,800. Overall, Bob:.A. Made a gain. B. Incurred a loss. C. Broke even. D. Earned a $200 dividend.

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.