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Choice Chicken grows and processes chickens. Each chicken is disassembled into five main parts. Information pertaining to production in July 2017 is as follows: (Click

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Choice 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 40 pounds of breasts and 10 pounds of wings has been destroyed in a fire. Choice Chicken's insurance policy provides reimbursement for the cost of the items destroyed. The insurance company permits Choice 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 $50. A Data Table 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 fol Breast 100 Wings 20 Thighs 40 Bones 80 Feathers 10 Total 2 Parts 50 Breast $ 0.55 $ 0.20 $ 0.35 $ 0.10 $ 0.05 Wings Thighs Bones Pounds of product Wholesale selling price per pound Sales value at splitoff Weighting: Sales value at splitoft Joint costs allocated Allocated costs per pound Pounds of Wholesale Selling Price per Pound Product When Production is Complete 100 $ 0.55 0.20 0.35 0.10 0.05 Feathers i Requirements 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 Choice Chicken use? Explain. Enter any number in the edit fields and then click Check Answer. A parts Print Done 4 remaining Clear

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