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Tasty Chicken grows and processes chickens. Each chicken is disassembled into five main parts. Tasty Chicken is computing the ending inventory values for its July

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Tasty Chicken grows and processes chickens. Each chicken is disassembled into five main parts. Tasty Chicken is computing the ending inventory values for its July 31, 2017, balance sheet. Ending inventory amounts on July 31 are 15 pounds of breasts, 10 pounds of wings, 6 pounds of thighs, 10 pounds of bones, and 3 pounds of feathers. Tasty Chicken's management wants to use the sales value at splitoff method. However, manag explore the effect on ending inventory values of classifying one or more products as a byprodu product. (Click to view information on the sales value at splitoff method.) X i Reference Cance Breast Wings Thighs Bones Feathers Total 150 30 30 75 15 300 $ 0.55 $ 0.15 $ 0.35 $ 0.10 $ 0.05 $ 82.50 $ 4.50 $ 10.50 $ 7.50 $ 0.75 $ 105.75 Pounds of product Wholesale selling price per pound Sales value at splitoff Weighting: Sales Value at splitoff Joint costs allocated Allocated costs 0.780 0.043 0.099 0.071 0.007 1.000 62.40 $ 3.44 $ 7.92 5.68 0.56 $ 80.00 per pound $ 0.4160 $ 0.1147 $ 0.2640 $ 0.0757 $ 0.0373 Print Done Requirement 1. Assume Tasty 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 Breasts Wings Thighs Bones Feathers Total

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