Choice Chicken grows and processes chickens. Each chicken is disassembled into five main parts. Choice Chicken

is computing the ending inventory values for its July $31,2020,$ balance sheet. Ending inventory amounts on July $31$

are $20$ pounds of breasts, $3$ pounds of wings, $5$ pounds of thighs, $6$ pounds of bones, and $2$ pounds of feathers.

Choice 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.

E $($Click to view information on the sales value at splitoff method.$)$

Read the requirements.

including zero balances.$)$

Reference