Read the requirements.

Requirement $1.$ Assume Quality Chicken classifies all five products as joint products. What are the ending inventory values of each product on July $31,2020?($Round your answers to the nearest

cent. Enter an amount for each product including zero balances.$)$

Product Ending inventory value

Breasts

Wings

Thighs

Bones

Feathers

Total 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 $31,2020,$ balance

sheet. Ending inventory amounts on July $31$ are $15$ pounds of breasts, $4$ pounds of wings, $6$

pounds of thighs, $5$ 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.

Reference

Requireme

cent. Enter

Produc

Breasts

Wings

Thighs

Bones

Feathers

Total

on July $31,2020?($Round your answers to the nearest