Match each type of fee that mutual funds charge investors with its correct description.

12b-1 distribution fee

account maintenance fee

revenue-sharing fee

shareholder service fee



25 percent broker fee charged against the mutual fund for servicing the account

$20 broker fee charged against the mutual fund

management company pays brokers 0.1 percent fee for marketing the fund

payment to companies that investors go through to buy mutual funds

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.