Companies that practice reverse innovation: a. create innovative, low-cost products for emerging markets and then quickly and inexpensively repackage them for resale in developed countries. b. create products or services that initially sell well but have declining sales after a short period of time. c. innovate in affluent countries and transfer products to emerging markets. d. create products or services that typically start small and end up completely replacing an existing product or service technology for producers and consumers. e. often struggle with changing successfully.

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.