Farm Grown Chicken grows and processes chickens. Each chicken is disassembled into five main parts. Information pertaining to production in July

$2020$ follows:

$($Click the icon to view the information.$)$

Joint cost of production in July $2020$ was $$50.$

A special shipment of $75$ pounds of breasts and $5$ pounds of wings has been destroyed in a fire. Farm Grown Chicken's insurance policy

provides reimbursement for the cost of the items destroyed. The insurance company permits Farm Grown Chicken to use

a joint$-$cost$-$allocation method. The splitoff point is assumed to be at the end of the production process.

Requirement $1$a$.$ 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.$)$

Requirements

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$)$

What joint$-$cost$-$allocation method would you recommend Farm Grown Chicken use? Explain.

Data table

I NEED ALL REQUIREMENTS PLEASE