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Check my world Social Media, Inc. (SMI) has two services for users. Tootl, which connects tutors with students who are looking for tutoring services, and

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Check my world Social Media, Inc. (SMI) has two services for users. Tootl, which connects tutors with students who are looking for tutoring services, and TIX, which can be used to buy, sell, or exchange event tickets. For the following year, SMI expects the following results. Toot! Total Users 16,100 22,600 38,700 Revenues $ 2,650,eee $2,160,000 $4,210,000 Engineering hours 10,675 8.675 19,35e Engineering cost $932,750 $1,050,625 $1,983,375 Administrative costs $1,586,700 TAX 5 Required: a. Compute the predetermined overhead rate used to apply administrative costs to the two services assuming SMI uses the number of users to allocate administrative costs. b. Based on the rates computed in requirement (e), who is the profit for each service? CUSS $1,586,700 Required: a. Compute the predetermined overhead rate used to apply administrative costs to the two services assuming SMl uses the number of users to allocate administrative costs. b. Based on the rates computed in requirement (a), what is the profit for each service? Complete this question by entering your answers in the tabs below. Required A Required B Compute the predetermined overhead rate used to apply administrative costs to the two services assuming SMI uses the number of users to allocate administrative costs. Predetermined overhead rate Required D per user RADA Required: a. Compute the predetermined overhead rate used to apply administrative costs to the two services assuming SMl uses the number of users to allocate administrative costs. b. Based on the rates computed in requirement (a), what is the profit for each service? Complete this question by entering your answers in the tabs below. Required A Required B Based on the rates computed in requirement (a), what is the profit for each service? Profit Service Toot! TIX

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