please find joint costs to be allocated.

Organic Chicken grows and processes chickens. Each chicken is disassembled into five main parts Organic Chicken is computing the ending inventory values for its July 31, 2020, balance sheet Ending inventory amounts on July 31 are 23 pounds of breasts, 2 pounds of wings, 6 pounds of thighs, 8 pounds of bones, and 3 pounds of feathers. Reference Breasts Bones Feathers Total Wings 30 Thighs 50 100 65 5 250 Pounds of product Wholesale selling price S 0.50 $ 0.05 $ 0.05 0.25 $ 7.50 $ 0.30 $ 15.00 $ $ 50.00 $ 3.25 $ 0.25 $ 76.00 per pound Sales value at splitoff Weighting Sales Value at splitoff Joint costs allocated 0.658 0.099 0.043 0.003 1.000 0.197 14.78 $ $ 49.35 $ 7.43 $ 3.23 $ 0123 $ 75.02 Allocated costs per pound $ 0.4935 $ 02477 $ 0.2956 S 0.0497 S 0.0460 Print Done Requirement 1. Assume Organic Chicken classifies all five products as joint products. What are the ending inventory values of each pro Product Ending inventory value Breasts 5 11.35 Wings 0.50 Thighs 177 Bones 0.40 Feathers 0.14 Total 14.16 Requirement 2. Assume Organic Chicken uses the production method of accounting for byproducts. What are the ending inventory values Begin by selecting the formula to calculate the joint costs to be allocated Then enter the amounts and determine the amount. (NRV - Net Re Joint costs NRV of byproducts Joint costs to be allocated