1) For the financial reporting purpose, we need to allocate manufacturing overhead costs. Please summarize the different ways to allocate manufacturing overhead costs

(2)What are the other needs to allocate costs in business?How do you allocate or share costs in your experience? (For example, if you share various living expenses (rent, utilities, etc) with a roommate, you may do cost-sharing simply and roughly, or allocate the costs in a more sophisticated Sheldon Cooper way (a character in Big Bang Theory) with a spreadsheet showing who is paying whatexactly.)