Pirate Seafood Company purchases lobsters and processes them into tails and akes. h sells the lobster tails for $20.50 per pound and the akes for $14.40 per pound. On average, 100 pounds of lobster are processed into 5? pounds oftails and 29 pounds of akes, with 14 pounds of waste. Assume that the company purchased 3,?00 pounds of lobster for $4 per pound and processed the lobsters with an additional labor cost of $5,500. No materials or labor costs are assigned to the waste. \"\"1364 pounds oftails and 999 pounds of akes are sold, calculate the allocated cost of the sold items and the allocated cost ofthe ending inventory. The company allocates joint costs on a value basis. (Round your answers to nearest whole number. Hound cost per pound answers to 2 decimal places.) - ___-____- ______-_