1. Compute the cost of the special shipment destroyed using the following: a. Sales value at splitoff method b. Physical-measure method (pounds of finished product) 2. What joint-cost-allocation method would you recommend Organic Chicken use? Explain. Data Table Pounds of Product Wholesale Selling Price per Pound When Production is Complete Parts Breast 200 $ 0.45 50 0.30 Wings Thighs Bones 100 0.30 140 0.15 Feathers 10 0.10 Print Done Organic Chicken grows and processes chickens. Each chicken is disassembled into five main parts. Information pertaining to production in July 2017 is as follows: (Click the icon to view the information.) A special shipment of 70 pounds of breasts and 15 pounds of wings has been destroyed in a fire. Organic Chicken's insurance policy provides reimbursement for the cost of the items destroyed. The insurance company permits Organic Chicken to use a joint-cost-allocation method. The splitoff point is assumed to be at the end of the production process. Read the requirements. Joint cost of production in July 2017 was $100. Requirement 1a. Compute the cost of the special shipment destroyed using the sales value at splitoff method. Complete the table below to assist you. (Round the weighting to three decimal places and the allocated costs per pound to four decimal places. Round all other amounts to the nearest cent.) Breast Wings Thighs Bones Feathers Total 200 50 100 140 10 500 Pounds of product Wholesale selling price per pound 0.45 $ 0.30 0.30 0.10 0.15 $ 21 | Sales value at splitoff 90 15 30 1 158 Weighting: Sales value at splitoff Joint costs allocated Allocated costs per pound