Organic Chicken grows and processes chickens. Each chicken is disassembled into five main parts. Information pertaining to production in July $2020$ follows:

$($Click the icon to view the information.$)$

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

$\backslash$table$[[$Parts$,\backslash$table$[[$Pounds of$],[$Product$]],\backslash$table$[[$Wholesale Selling Price per Pound$],[$When Production is Complete$]]],[$Breasts$,100$$$,0\mathrm{.}45],[$Wings$,20,0\mathrm{.}15],[$Thighs$,30,0\mathrm{.}35],[$Bones$,45,0\mathrm{.}05],[$Feathers$,5,0\mathrm{.}10]]$

Organic Chicken grows and processes chickens. Each chicken is disassembled into five main parts. Information pertaining to production in July $2020$ follows:

$($Click the icon to view the information.$)$

Joint cost of production in July $2020$ was $$50.$

A special 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.

Read the requirements.

Requirement $1$a$.$ 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

$\backslash$table$[[,,$ast,Wings,Thighs,Bones,Feathers,Total$],[$Pounds of product,,$100,20,30,45,5[,200],[$Wholesale selling price$],[$per pound,$$,0\mathrm{.}45$$$,0\mathrm{.}15$$$,0\mathrm{.}35$$$,0\mathrm{.}05$$$,0\mathrm{.}10,],[$Sales value at splitoff,,$45,3,10\mathrm{.}50,2\mathrm{.}25,\mathrm{.}5,61\mathrm{.}25],[$Weighting: Sales value$],[$at splitoff$],[$Joint costs allocated$],[$Allocated costs,,,,,,,$],[$per pound,,$5,,,,,]]$

Data table

$\backslash$table$[[$Parts$,\backslash$table$[[$Pounds of$],[$Product$]],\backslash$table$[[$Wholesale Selling Price per Pound$],[$When Production is Complete$]]],[$Breasts$,100$$$,0\mathrm{.}45],[$Wings$,20,0\mathrm{.}15],[$Thighs$,30,0\mathrm{.}35],[$Bones$,45,0\mathrm{.}05],[$Feathers$,5,0\mathrm{.}10]]$

Requirements

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$)$

What joint$-$cost$-$allocation method would you recommend Organic Chicken use? Explain.