Pirate Seafood Company purchases lobsters and processes them into tails and flakes. It sells the lobster tails for $20.60 per pound and the flakes for $14.80 per pound. On average, 100 pounds of lobster are processed into 60 pounds of tails and 28 pounds of flakes, with 12 pounds of waste. Assume that the company purchased 3,300 pounds of lobster for $4 per pound and processed the lobsters with an additional labor cost of $7,900. No materials or labor costs are assigned to the waste. If 1,833 pounds of tails and 846 pounds of flakes are sold, calculate the allocated cost of the sold items and the allocated cost of the ending inventory. The company allocates joint costs on a value basis. (Round your answers to nearest whole number. Round cost per pound answers to 2 decimal places.) Yield per 3,300 lb. purchase Market Value per 3,300 lb. purchase Percent of Market Value Cost to be allocated Allocated cost 3,300 pound purchase Cost per pound Denominator % of Mkt Value Numerator Lobster Tails Lobster Flakes Totals 1) What is the allocated cost of the sold items? Cost per Pounds sold Cost of pound Goods Sold Lobster Tails Lobster Flakes Totals 2) What is the allocated cost of the ending inventory? Pounds in Cost of Cost per ending Ending pound inventory Inventory Lobster Tails Lobster Flakes Totals USA Airlines uses the following performance measures. Classify each of the performance measures below into the most likely balanced scorecard perspective it relates to. Select your answers using C(customer), P (internal process), / (innovation and growth), or F(financial). 1. Percentage of late flights 2. Cost of leasing airplanes 3. Employee satisfaction survey ratings 4. Percentage of waste recycled 5. Number of reports of mishandled or lost baggage 6. Operating cash flow 7. Employee diversity training sessions completed 8. Accidents or safety incidents per mile flown 9. Percentage of on-time departures Average ticket price 11. Percentage of ground crew trained 12. Time airplane is on ground between flights 13. On-time flight percentage 14. Net income 10 Accounts payable, end of year Accounts receivable, net, end of year Inventory, end of year Net sales Cost of goods sold Current Year $ 7,463 25,945 9,764 178,000 89,000 Prior Year $ 11,408 17,684 9,135 129,000 119,000 (1) Use the information above to compute the number of days in the cash conversion cycle for each year. (2) Did the company manage cash more effectively in the current year? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Use the information above to compute the number of days in the cash conversion cycle for each year. (Use 365 days in a year. Round calculations to the nearest whole day.) Current year days Prior year days Cash conversion cycle Did the company manage cash more effectively in the current year? Did the company manage cash more effectively in the current year