* Chloe's Cupcake Shop and Cara's Cakes each operate a bakery close to each other in a small town in Florida. If Chloe rents ovens on her own, it will cost $34,000. If Cara rents ovens on her own, it will cost $56,000. If they consolidate baking operations and share ovens, the total cost will be $72,000. Read the requirements. Requirement 1. Calculate Chloe's and Cara's respective cost of the shared ovens under the stand-alone cost-allocation method. Stand-alone Chloe Cara Requirements CFC000 1. Calculate Chloe's and Cara's respective cost of the shared ovens under the stand-alone cost-allocation method. 2. Calculate Chloe's and Cara's respective cost of the shared ovens using the incremental cost-allocation method assuming (a) Chloe is the primary party and (b) Cara is the primary party. 3. Calculate Chloe's and Cara's respective cost of the shared ovens using the Shapley value method. 4. Which method would you recommend Chloe and Cara use to share the cost of the ovens? Why? Print Done -