content area top left Part 1 QualityQuality Chicken grows and processes chickens. Each chicken is disassembled into five main parts. QualityQuality Chicken is computing the ending inventory values for its July 31, 20202020, balance sheet. Ending inventory amounts on July 31 are 1212 pounds of breasts, 66 pounds of wings, 1010 pounds of thighs, 55 pounds of bones, and 22 pounds of feathers. . . . Question content area top right Part 1 QualityQuality 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. LOADING... (Click to view information on the sales value at splitoff method.) Read the requirements LOADING... . Question content area bottom Part 1 Requirement 1. Assume QualityQuality Chicken classifies all five products as joint products. What are the ending inventory values of each product on July 31, 20202020? (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 Breasts Wings Thighs Bones Feathers Total Pounds of product 100 20 30 45 5 200 Wholesale selling price per pound $0.65 $0.30 $0.35 $0.15 $0.05 Sales value at splitoff $65.00 $6.00 $10.50 $6.75 $0.25 $88.50 Weighting: Sales Value at splitoff 0.734 0.068 0.119 0.07