Farm Grown 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.) Joint cost of production in July 2017 was $60 A special shipment of 40 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 splito point sumed to be at the end of the production process Read the requirements 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 four decimal places. Round all other amounts to the nearest cent) Breast Wings Thighs Bones Feathers Total Pounds of product 125 25 35 5510 Wholesale selling price per pound $ 0.55 $ 0.20 $ 0,40 $ 0.15$ 0.10 Sales value at split Weighting: Bale value at spitol Joint costs located Alocated costs per pound Parts Pounds of Product Breast Wholesale Selling Price per Pound When Production is Complete 0.55 0.20 0.40 0.15 Wings Thighs Bones Feathers 0.10 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 Farm Grown Chicken use? Explain