Martin Chicken Corporation processes and packages chicken for grocery stores. It purchases chickens from farmers and processes them into two different products: chicken drumsticks and chicken steak. From a standard batch of 15,000 pounds of raw chicken that costs $8,050, the company produces two parts: 3,250 pounds of drumsticks and 6,000 pounds of breast for a processing cost of $5,649. The chicken breast is further processed into 5,200 pounds of steak for a processing cost of $2,100. The market price of drumsticks per pound is $1.30 and the market price per pound of chicken steak is $4.10. If Martin decided to sell chicken breast instead of chicken steak, the price per pound would be $2.30.

Required:

a-1.	Allocate the joint cost to the joint products, drumsticks and breasts, using weight as the allocation base. (Round "Allocation rate" to 2 decimal places and other answers to the nearest dollar amount.)

a-2.

Calculate the gross margin for each product.