Top Notch Chicken grows and processes chickens. Each chicken is disassembled into five main parts. Information pertaining to (Click the icon to view the information) Joint cost of production in July 2017 was 560 A special shipment of 50 pounds of breasts and 10 pounds of wings has been destroyed in a fire. Top Notch Chicken's insurance policy provides reimbursement for the cost of the items destroyed. The insurance company permits Top Notch Chicken to use a joint-cost-allocation method. The spitoff point is assumed to be at the end of the production process Read the requirements - 1 Requirement 1a. Compute the cost of the special shipment destroyed using the sales value at spitof method. Complete the table below to assist you. (Round the weighting to three decimal places and the allocated costs per pound to four decimal places. Round all other amounts to the nearest cent) Breast Wings Thighs Bones Feathers Total Pounds of product 125 25 35 55 10 250 Wholesale selling price Requirements per pound s 0.55 S 0.30 $ 0.455 0.10 5 0.10 Sales value at splito $ 68.75$ 7.50 $ 15.75 $ 5.50 $ 1.00 $ 98.50 1. Compute the cost of the special shipment destroyed using the following Weighting Sales value a. Sales value at splitof method at splitoft b. Physical-measure method (pounds of finished product) 2. What joint-cost-allocation method would you recommend Top Notch Chicken use? Explain Joint costs allocated 30 8.4 132 2.40 5 60 00 Allocated costs per pound Print Done 5