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help with questions below, not sure how to solve question below -lomework: 9-1 MyAccountingLab: Module Nine Homework core: 1.43 of 5 pts { 5 of6

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help with questions below, not sure how to solve question below

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-lomework: 9-1 MyAccountingLab: Module Nine Homework core: 1.43 of 5 pts { 5 of6 (4 complete) v p HW Score: 31.77%, 9.53 of 30 pl @ E16-17 (similar to) a; Question Hem g A One Chicken grows and processes chickens. Each chicken is disassembled into ve main parts. A One Chicken is computing the ending inventory values for its July 31, 2014, balance sheet. Ending inventory amounts on July 31 are 25 pounds of breasts, 6 pounds of wings, 3 pounds of thighs, 8 pounds of bones, and 2 pounds of feathers. A One Chicken's management wants to use the sales value at splito method. However, management wants you to explore the effect on ending inventory values of classifying one or more products as a byproduct rather than ajoint product. a (Click to view information on the sales value at splitoff method.) Read the reguirements. Pounds of product 100 40 |:| Wholesale selling price per pound $ 0.65 $ 0.45 Sales value at splitolT $ 65.00 $ 18.00 I:I Weighting: Sales value at splitoff Joint costs allocated Allocated costs ;es chickens. Each chicken is disassembled into ve main parts. A One Chicken is computing the ending inventory values for its July 31, 2014, balance pounds ofwings, 3 pounds ofthighs, 6 pounds of bones. and 2 pounds of feathers. nts to use the sale a sales value at spl 17.00 s the allocated cos it Thighs I00 40 .65 $ 0.45 .00 $ 18.00 0 Reference Breast Wings Thighs Bones Feathers Total Pounds of product 100 20 40 60 10 250 Wholesale selling price per pound $ 0.65 $ 0.20 $ 0.45 $ 0.15 $ 0.10 Sales value at splitoff $ 65.00 $ 4.00 $ 18.00 $ 12.00 $ 1.00 $ 100.00 Weighting: Sales Value at splitofl 0.650 0.040 0.160 0.120 0.010 1.000 Joint costs allocated $ 32.50 $ 2.00 $ 9.00 $ 6.00 $ 0.50 $ 50.00 Allocated costs per pound $ 0.3%0 1% 0.1000 $ 02250 $ 00750 1% 0.0500 4 ' ' Print H Done I ng one or more nd the allocate

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