Pirate Seafood Company purchases lobsters and processes them into tails and Bakes. It sells the lobster tails for $21 per pound and the Bakes for $ 14 per pound. On average, 100 pounds of lobster tue processed into 52 pounds of tails and 22 pounds of Bakes, with 26 pounds of waste. Assume that the company purchased 2,4fX) pounds of lobster for $4.50 per pound and processed the lobsters with an additional labor cost of $ 1,8(X). No materials or labor costs are assigned to the waste. If 1,096 pounds of tails and 324 pounds of Bakes are sold, what is (1) the allocated cost of the .sold items and (2) the allocated cost of the ending inventoi7? The company allocates joint costs on a value basis. (Round the dollar cost per pound to the nearest thousandth.)