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Organic Chicken grows and processes chickens. Each Organic Chicken's management wants to use the sales value chicken is disassembled into five main parts. Organic Chicken at splitoff method. However, management wants you to is computing the ending inventory values for its July 31, explore the effect on ending inventory values of classifying 2017, balance sheet. Ending inventory amounts on July 31 one or more products as a byproduct rather than a joint are 17 pounds of breasts, 2 pounds of wings. 10 pounds of product thighs, 9 pounds of bones, and 2 pounds of feathers (Click to view information on the sales value at splitoff method.) Read the requirements. Requirement 1. Assume Organic Chicken classifies all five products as joint products. What are the ending inventory values of each product on July 31, 2017? (Round your answers to the nearest cent. Enter an amount for each product including zero balances.) Product Ending inventory value Breasts Wings Thighs Enter any number in the edit fields and then click Check Answer 2 5 parts remaining Clear All Check Answer Organic Chicken grows and processes chickens. Each Organic Chicken's management wants to use the sales value chicken is disassembled into five main parts. Organic Chicken at splitoff method. However, management wants you to is computing the ending inventory values for its July 31, explore the effect on ending inventory values of classifying 2017, balance sheet. Ending inventory amounts on July 31 one or more products as a byproduct rather than a joint are 17 pounds of breasts, 2 pounds of wings, 10 pounds of product thighs, 9 pounds of bones, and 2 pounds of feathers. (Click to view information on the sales value at splitoff method) Read the requirements Product Ending inventory value Breasts Wings Thighs Bones Feathers Total Enter any number in the edit fields and then click Check Answer 5 parts remaining Clear All Check Answer valu i Reference - ing ch is 20 th off Breast Wings Bones Feathers Total Thighs 30 125 30 60 5 250 $ 0.15 $ 0.05 5 S. 20 0.55 $ 68.75 $ 0.25 $ 7.50 $ 0.35 $ 10.50 $ $ 9.00 $ 0.25 $ 96.00 Pounds of product Wholesale selling price per pound Sales value at splitoff Weighting: Sales Value at splitoff Joint costs allocated Allocated costs per pound 0.109 0.094 1.000 B 0.716 35.80 $ 0.078 3.90 $ 0.003 0.15 $ $ 5.45 $ 4.70 $ 50.00 w $ 0.2864 $ 0.1300 $ 0.1817 $ 0.0783 $ 0.0300 En Print Done 01 Organic Chicken grows and processes chickens. Each Organic Chicken's management wants to use the sales val chicken is disassembled into five main parts. Organic Chicken at splitoff method. However, management wants you to is computing the ending inventory values for its July 31. explore the effect on ending inventory values of classifying 2017, balance sheet. Ending inventory amounts on July 31 one or more products as a byproduct rather than a joint are 17 pounds of breasts, 2 pounds of wings, 10 pounds of product thighs, 9 pounds of bones, and 2 pounds of feathers. (Click to view information on the sales value at splitoff * Requirements -X Requir values includir Pro 1. Assume Organic Chicken classifies all five products as joint products. What are the ending inventory values of each product on July 31, 2017? 2. Assume Organic Chicken uses the production method of accounting for byproducts. What are the ending inventory values for each joint product on July 31, 2017, assuming breasts and thighs are the joint products and wings, bones, and feathers are byproducts? 3. Comment on differences in the results in requirements 1 and 2. Breast Wings Thighs Print Done Enter a 5 parts Clear All Check Answer remaining kens. vento Reference - X Blue at spli s of bi of classif method.) Breast Thighs Bones Feathers Total Wings 30 125 30 60 5 250 classif alances your answer $ 0.35 $ 0.55 $ 68.75 $ 0.25 $ 7.50 $ 0.15 $ 9.00 $ 0.05 0.25 $ S 10.50 $ 96.00 Pounds of product Wholesale selling price per pound Sales value at splitoft Weighting: Sales Value at splitoff Joint costs allocated Allocated costs per pound 0.078 0.109 0.094 0.003 1.000 0.716 35.80 $ $ 3.90 $ 5.45 $ 4.70 $ 0.15$ 50.00 $ 0.2864 $ 0.1300 S 0.1817 $ 0.0783 $ 0.0300 d then clic Print Dooh Clear All ens. Each chicken is disassembled into five main parts. Organic Chicken's management wants to ure the sales value entory values for its July 31, 2017, balance sheet. Ending wants you to explore the effect on ending inventory values of of breasts, 2 pounds of wings, 10 pounds of thighs, 9 pounds byproduct rather than a joint product. toff met i - Requirements nd your classifies nces.) 1. Assume Organic Chicken classifies all five products as joint products. What are the ending inventory values of each product on July 31, 2017? 2. Assume Organic Chicken uses the production method of accounting for byproducts. What are the ending inventory values for each joint product on July 31, 2017, assuming breasts and thighs are the joint products and wings, bones, and feathers are byproducts? 3 Comment on differences in the results in requirements 1 and 2. Print Done then click Check Answer. Clear All Organic Chicken grows and processes chickens. Each Organic Chicken's management wants to use the sales value chicken is disassembled into five main parts. Organic Chicken at splitoff method. However, management wants you to is computing the ending inventory values for its July 31, explore the effect on ending inventory values of classifying 2017, balance sheet. Ending inventory amounts on July 31 one or more products as a byproduct rather than a joint are 17 pounds of breasts, 2 pounds of wings. 10 pounds of product thighs, 9 pounds of bones, and 2 pounds of feathers (Click to view information on the sales value at splitoff method.) Read the requirements. Requirement 1. Assume Organic Chicken classifies all five products as joint products. What are the ending inventory values of each product on July 31, 2017? (Round your answers to the nearest cent. Enter an amount for each product including zero balances.) Product Ending inventory value Breasts Wings Thighs Enter any number in the edit fields and then click Check Answer 2 5 parts remaining Clear All Check Answer Organic Chicken grows and processes chickens. Each Organic Chicken's management wants to use the sales value chicken is disassembled into five main parts. Organic Chicken at splitoff method. However, management wants you to is computing the ending inventory values for its July 31, explore the effect on ending inventory values of classifying 2017, balance sheet. Ending inventory amounts on July 31 one or more products as a byproduct rather than a joint are 17 pounds of breasts, 2 pounds of wings, 10 pounds of product thighs, 9 pounds of bones, and 2 pounds of feathers. (Click to view information on the sales value at splitoff method) Read the requirements Product Ending inventory value Breasts Wings Thighs Bones Feathers Total Enter any number in the edit fields and then click Check Answer 5 parts remaining Clear All Check Answer valu i Reference - ing ch is 20 th off Breast Wings Bones Feathers Total Thighs 30 125 30 60 5 250 $ 0.15 $ 0.05 5 S. 20 0.55 $ 68.75 $ 0.25 $ 7.50 $ 0.35 $ 10.50 $ $ 9.00 $ 0.25 $ 96.00 Pounds of product Wholesale selling price per pound Sales value at splitoff Weighting: Sales Value at splitoff Joint costs allocated Allocated costs per pound 0.109 0.094 1.000 B 0.716 35.80 $ 0.078 3.90 $ 0.003 0.15 $ $ 5.45 $ 4.70 $ 50.00 w $ 0.2864 $ 0.1300 $ 0.1817 $ 0.0783 $ 0.0300 En Print Done 01 Organic Chicken grows and processes chickens. Each Organic Chicken's management wants to use the sales val chicken is disassembled into five main parts. Organic Chicken at splitoff method. However, management wants you to is computing the ending inventory values for its July 31. explore the effect on ending inventory values of classifying 2017, balance sheet. Ending inventory amounts on July 31 one or more products as a byproduct rather than a joint are 17 pounds of breasts, 2 pounds of wings, 10 pounds of product thighs, 9 pounds of bones, and 2 pounds of feathers. (Click to view information on the sales value at splitoff * Requirements -X Requir values includir Pro 1. Assume Organic Chicken classifies all five products as joint products. What are the ending inventory values of each product on July 31, 2017? 2. Assume Organic Chicken uses the production method of accounting for byproducts. What are the ending inventory values for each joint product on July 31, 2017, assuming breasts and thighs are the joint products and wings, bones, and feathers are byproducts? 3. Comment on differences in the results in requirements 1 and 2. Breast Wings Thighs Print Done Enter a 5 parts Clear All Check Answer remaining kens. vento Reference - X Blue at spli s of bi of classif method.) Breast Thighs Bones Feathers Total Wings 30 125 30 60 5 250 classif alances your answer $ 0.35 $ 0.55 $ 68.75 $ 0.25 $ 7.50 $ 0.15 $ 9.00 $ 0.05 0.25 $ S 10.50 $ 96.00 Pounds of product Wholesale selling price per pound Sales value at splitoft Weighting: Sales Value at splitoff Joint costs allocated Allocated costs per pound 0.078 0.109 0.094 0.003 1.000 0.716 35.80 $ $ 3.90 $ 5.45 $ 4.70 $ 0.15$ 50.00 $ 0.2864 $ 0.1300 S 0.1817 $ 0.0783 $ 0.0300 d then clic Print Dooh Clear All ens. Each chicken is disassembled into five main parts. Organic Chicken's management wants to ure the sales value entory values for its July 31, 2017, balance sheet. Ending wants you to explore the effect on ending inventory values of of breasts, 2 pounds of wings, 10 pounds of thighs, 9 pounds byproduct rather than a joint product. toff met i - Requirements nd your classifies nces.) 1. Assume Organic Chicken classifies all five products as joint products. What are the ending inventory values of each product on July 31, 2017? 2. Assume Organic Chicken uses the production method of accounting for byproducts. What are the ending inventory values for each joint product on July 31, 2017, assuming breasts and thighs are the joint products and wings, bones, and feathers are byproducts? 3 Comment on differences in the results in requirements 1 and 2. Print Done then click Check Answer. Clear All