Organic 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.) A special shipment of 50 pounds of breasts and 5 pounds of wings has been destroyed in a fire. Organic Chicken's insurance policy provides reimbursement for the cost of the items destroyed. The insurance company permits Organic Chicken to use a joint-cost-allocation method. The splitoff point is assumed to be at the end of the production process. Read the requirements. Joint cost of production in July 2017 was $100. 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.) Total Breast 200 Wings 40 Thighs 80 Bones 160 Feathers 201 $ 0.05 Pounds of product Wholesale selling price per pound Sales value at splitoff Weighting: Sales value at splitoff D 0.70 $ C 0.30 $ C 0.40 $ C 0.15 $ C Joint costs allocated Allocated costs per pound Enter any number in the edit fields and then click Check Answer. 4 parts remaining Clear All Check Answer Data Table Parts Breast Wings Pounds of Wholesale Selling Price per Pound Product When Production is Complete 200 $ 0.70 40 0.30 0.40 Thighs Bones 160 0.15 Feathers 20 0.05 0 Requirements 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 Organic Chicken use? Explain