Pirate Seafood Company purchases lobsters and processes them into tails and flakes. It sells the lobster tails for $19.40 per pound and the flakes for $15.10 per pound. On average, 100 pounds of lobster are processed into 53 pounds of tails and 27 pounds of flakes, with 20 pounds of waste. Assume that the company purchased 3,000 pounds of lobster for $4 per pound and processed the lobsters with an additional labor cost of $9,300. No materials or labor costs are assigned to the waste. If 1,444 pounds of tails and 734 pounds of flakes are sold, calculate the allocated cost of the sold items and the allocated cost of the ending inventory. The company allocates joint costs on a value basis