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Best Business has three departments that sell furniture: the Sofa Department, the Easy Chair Department, and the Coffee Table Department. These products are sold individually

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Best Business has three departments that sell furniture: the Sofa Department, the Easy Chair Department, and the Coffee Table Department. These products are sold individually and in a bundle. Best Business sells roughly equal quantities of the three products. Managers of the three departments are evaluated on the performance of their individual departments. The individual selling prices and per unit costs of the products are as follows: : (Click the icon to view the data.) X Requirements Data table the Furniture rounded to five decimal Individual Selling Price per Unit $ 1,344 Cost per Unit $ 414 Sofas $ 609 $ 216 1. Allocate the revenue from the furniture bundle purchase to each of the products using the stand-alone method based on the individual selling price per unit. 2. Allocate the revenue from the furniture bundle purchase to each of the products using the stand-alone method based on cost per unit. 3. Allocate the revenue from the furniture bundle purchase to each of the products using the stand-alone method based on physical units (that is, the number of individual units of product sold per bundle). 4. Which basis of allocation makes the most sense in this situation? Explain your answer Easy chairs Coffee tables Bundle purchase price $ 147 $ 270 $ 1,500 O Print Done Print Done

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