Top Notch Chicken grows and processes chickens. Each chicken is Top Notch Chicken's management wants to use the sales value disassembled into five main parts. Top Notch Chicken is computing the at splitoff method. However, management wants you to explore ending inventory values for its July 31,2017 , balance sheet. Ending the effect on ending inventory values of classifying one or more inventory amounts on July 31 are 15 pounds of breasts, 4 pounds products as a byproduct rather than a joint product. of wings, 6 pounds of thighs, 4 pounds of bones, and 2 pounds of (Click to view information on the sales value at feathers. splitoff method.) Read the requirements. Requirement 1. Assume Top Notch 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.) Reference Requirements 1. Assume Top Notch Chicken classifies all five products as joint products. What are the ending inventory values of each product on July 31,2017 ? 2. Assume Top Notch Chicken uses the production method of accounting for byproducts. What are the ending inventory values for each joint product on July 31,2017 , 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