WM = Homework: Chapter 17 Homework Question 2, E17-29 (simi. HW Score Ox of points Part 18 O Points of 1 Save Erinera producer of potato chosAsing production rooms are in poloha There were being inton Bapteme 1.2000 man products was a broducted due procent the point and there are no cart.com for mor2000. the cost of persons 3510.000. Production and also make production and requirement is in grous many neunterne runon men min er to see wherever Con Wory, the come your calvation Production method Tartus Main product to cha Black Cost of goods Tomang Deductobyproduct proceso Natacing costs Deduct productory Cestod Help me solve this Etext pages Get more help Clear al Check answer then Data table - Pro m Potato Chips Byproduct Production (in pounds) Sales (in pounds) Selling Price per pound 56,000 42,560 $ 22 8,100 4,500 $ 5 on Print Done balos data or Enjoy, Inc. en complete Requirements with a zero Production method 1. What is the gross margin for Enjoy, Inc., under the production method and the sales method of byproduct accounting? 2. What are the inventory costs reported in the balance sheet on September 30, 2020, for the main product and byproduct under the two methods of byproduct accounting in requirement 1? 3. Prepare the journal entries to record the byproduct activities under (a) the production method and (b) the sales method. Briefly discuss the effects on the financial statements. Print Done