Martin Chicken Corporation processes and packages chicken for grocery stores It purchases chickens from farmers and processes them into two different products chicken cken steak From an standard batch of 15,000 pounds of raw chicken that costs 900, the company produces two parts 3.000 of further processed into 5,200 pounds of steak for a processing cost of S2,000. The market price of drumsticks per pound is $1.55 and the market price per pound of chicken steak is $4.00. IfMartin 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.) Product ocation Rate x Weight of Base Allocated cost Chicken breast Total allocated cost a-2. Calculate the gross margin for each product n Bi hicken o e OAsk me anything