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Chapter 9 question 14I can't figure this outThere's a couple more lines in the chartLobster flakesTotals And what is the allocated cost of ending inventory

Chapter 9 question 14I can't figure this outThere's a couple more lines in the chartLobster flakesTotals And what is the allocated cost of ending inventory for lobster tails, lobster flakes, and total?

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Check my work + Pirate Seafood Company purchases lobsters and processes them into tails and flakes. It sells the lobster tails for $19.60 per pound and the flakes for $15.90 per pound. On average, 100 pounds of lobster are processed into 61 pounds of tails and 28 pounds of flakes, with 11 pounds of waste. Assume that the company purchased 3,400 pounds of lobster for $4 per pound and processed the lobsters with an additional labor cost of $7,000. No materials or labor costs are assigned to the waste. If 1,926 pounds of tails and 865 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.) Yield per Market Value Percent of Market Value Cost to be Allocated cost 3,400 lb. per 3,400 lb. 3,400 pound Cost per purchase purchase allocated purchase pound Int int Numerator Denominator % of Mkt Value Lobster Tails 0 Lobster Flakes Totals 0 1) What is the allocated cost of the sold items? Cost per Pounds sold Cost of pound Goods Sold Lobster Tails $ 0.00

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