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Requirement 1. Assume A- One Chicken classifies all five products as joint products. What are the ending inventory values of each product on July 31
Requirement 1. Assume A- One 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.) Reference Requirements 1. Assume A - One Chicken classifies all five products as joint products. What are the ending inventory values of each product on July 31, 2020? 2. Assume A-One Chicken uses the production method of accounting for byproducts. What are the ending inventory values for each joint product on July 31,2020 , 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
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