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C9Q1 please construct same chart so i can understand the placement of the numbers :) Pirate Seafood Company purchases lobsters and processes them into tails

C9Q1
please construct same chart so i can understand the placement of the numbers :) image text in transcribed
Pirate Seafood Company purchases lobsters and processes them into tails and flakes. It sells the lobster tails for $19.50 per pound and the flakes for $14.50 per pound. On average, 100 pounds of lobster are processed into 60 pounds of tails and 27 pounds of flakes, with 13 pounds of waste. Assume that the company purchased 3.800 pounds of lobster for $4 per pound and processed the lobsters with an additional labor cost of $5,800. No materials or labor costs are assigned to the waste. If 2,148 pounds of tails and 943 pounds of flakes are sold, calculate the allocated cost of the sold items and the allocated cost of the ending inventory. The company allocates joint costs on a value basis. (Round your answers to nearest whole number, Round cost per pound answers to 2 decimal places.) Cost to be allocated Allocated cost 3,800 pound purchase Cost per pound Yield per Market Value 3,800 lb per 3.800 lb. Percent of Market value purchase purchase Numerator Denominator of Mkt Value Lobster Tails Lobster Flakes Totals 1) What is the allocated cost of the sold items? Cost per Cost of pound Pounds sold Goods Sold Lobster Tails Lobster Flakes Totals 2) What is the allocated cost of the ending inventory? Cost per Pounds in Cost of ending Ending pound Inventory Inventory Lobster Tails Lobster Flakes Totals

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