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Organic Chicken grows and processes chickens. Each chicken is disassembled into five main parts. Information pertaining to production in July 2 0 2 0 follows:

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Organic Chicken grows and processes chickens. Each chicken is disassembled into five main parts. Information pertaining to production in July 2020 follows:
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Joint cost of production in July 2020 was $50.
Aspecial shipment of 30 pounds of breasts and 15 pounds of wings has been destroyed in a fire. Organic Chicken's insurance policy provides reimbursement for the cost of the items destroyed. The insurance company permits Organic Chicken to use a joint-cost-allocation method. The splitoff point is assumed to be at the end of the production process.
Data table
\table[[Parts,\table[[Pounds of],[Product]],\table[[Wholesale Selling Price per Pound],[When Production is Complete]]],[Breasts,100$,0.45],[Wings,20,0.15],[Thighs,30,0.35],[Bones,45,0.05],[Feathers,5,0.10]]
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