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Could I please get assistance with this question? Pirate Seafood Company purchases lobsters and processes them into tails and akes. It sells the lobster tails

Could I please get assistance with this question?

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Pirate Seafood Company purchases lobsters and processes them into tails and akes. It sells the lobster tails for $20.00 per pound and the akes for $15.70 per pound' On average, 100 pounds of lobster are processed into 56 pounds of tails and 25 pounds of flakes, with 19 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 $6.100. No materials or labor costs are assigned to the waste. \"1,992 pounds of tails and 861 pounds of akes 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 Allocated cost 3,800 lb. per 3,800 lb. Percent of Market Value Cost to be Cost per purchase purchase allocated 3,800 pound purchase pound Numerator Denominator % of Mkt Value Lobster Tails Lobster Flakes Totals 1) What is the allocated cost of the sold items? Cost per Pounds sold Cost of pound Goods Sold Lobster Tails Lobster Flakes Totals 2) What is the allocated cost of the ending inventory? Cost per Pounds in Cost of pound ending Ending inventory Inventory Lobster Tails Lobster Flakes Totals

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