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1. Calculate Chloe's and Jody's respective cost of the shared ovens under the stand-alone cost-allocation method. 2. 3. Calculate Chloe's and Jody's respective cost

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1. Calculate Chloe's and Jody's respective cost of the shared ovens under the stand-alone cost-allocation method. 2. 3. Calculate Chloe's and Jody's respective cost of the shared ovens using the incremental cost-allocation method assuming (a) Chloe is the primary party and (b) Jody is the primary party. Calculate Chloe's and Jody's respective cost of the shared ovens using the Shapley value method. 4. Which method would you recommend Chloe and Jody use to share the cost of the ovens? Why?

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