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

parts. Information pertaining to production in July $2020$ follows:

$($Click the icon to view the information.$)$

Joint cost of production in July $2020$ was $$50.$

A special shipment of $40$ pounds of breasts and $15$ pounds of wings has been destroyed

in a fire. Quality Chicken's insurance policy provides reimbursement for the cost of the

items destroyed. The insurance company permits Quality Chicken to use

a joint$-$cost$-$allocation method. The splitoff point is assumed to be at the end of the

production process.

Read the requirements.

Requirement $1$a$.$ Compute the cost of the special shipment destroyed using the sales value at splitoff 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.$)$ Quality Chicken grows and processes chickens. Each chicken is disassembled into five main

parts. Information pertaining to production in July $2020$ follows:

$($Click the icon to view the information.$)$

Joint cost of production in July $2020$ was $$50.$

A special shipment of $40$ pounds of breasts and $15$ pounds of wings has been destroyed

in a fire. Quality Chicken's insurance policy provides reimbursement for the cost of the

items destroyed. The insurance company permits Quality Chicken to use

a joint$-$cost$-$allocation method. The splitoff point is assumed to be at the end of the

production process.

Read the requirements.

Data table

Requirement $1$a$.$ Con

Complete the table be

ecimal places. Round all other amounts to the nearest cent.$)$ Quality Chicken grows and processes chickens. Each chicken is disassembled into five main

parts. Information pertaining to production in July $2020$ follows:

$($Click the icon to view the information.$)$

Joint cost of production in July $2020$ was $$50.$

A special shipment of $40$ pounds of breasts and $15$ pounds of wings has been destroyed

in a fire. Quality Chicken's insurance policy provides reimbursement for the cost of the

items destroyed. The insurance company permits Quality Chicken to use

a joint$-$cost$-$allocation method. The splitoff point is assumed to be at the end of the

production process.

Read the requirements.