Quality Chicken grows and processes chickens. Each chicken is disassembled into five main parts. Information pertaining to production in July 2014 is as follows: Parts Pounds of Product Wholesale Selling Price per Pound When Production Is Complete Breasts 100 $0.55 Wings 20 0.20 Thighs 40 0.35 Bones 80 0.10 Feathers 10 0.05 Joint cost of production in July 2014 was $50. A special shipment of 40 pounds of breasts and 15 pounds of wings has been destroyed in a fire. Quality Chickens insurance policy provides reimbursement for the cost of the items destroyed. The insurance company permits Quality Chicken to use a joint-cost-allocation method. The splitoff point is assumed to be at the end of the production process. Required 1. 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) 2. What joint-cost-allocation method would you recommend Quality Chicken use? Explain.