Quality Chicken grows and processes chickens. Each chicken is disassembled into five main parts. Quality Chicken is computing the ending inventory values for its July 31, 2017, balance sheet. Ending inventory amounts on July 31 are 23 pounds of breasts, 7 pounds of wings, 5 pounds of thighs, 4 pounds of bones, and 2 pounds of feathers. Quality Chicken's management wants to use the sales value at splitoff method. However, management wants you to explore the effect on ending inventory values of classifying one or more products as a byproduct rather than a joint product. 3 (Click to view information on the sales value at splitoff method.) Requirement 1. Assume Quality 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 Rrencto A Reference Breast Wings 30 Thighs 50 Bones 65 Feathers 5 Total 250 100 Pounds of product Wholesale selling price per pound Sales value at splitoff Weighting: Sales Value $ $ 0.55 $ 55.00 $ 0.15 $ 4.50 $ 0.40 $ 20.00 $ 0.10 $ 6.50 $ 0.10 0.50 $ 86.50 at splitoff 0.636 0.052 0.231 0.075 0.006 1.000 Joint costs allocated $ 47.70 $ 3.90 $ 17.33 $ 5.63 $ 0.45 $ 75.01 Allocated costs per pound $ 0.4770 $ 0.1300 $ 0.3466 $ 0.0866 $ 0.0900