Chocolat Inc. is a producer of premium chocolate based in Palo Alto. (Click the icon to view additional information.) For 2020, the trucking feet had a practical capacity of 65 round-tripe been the Po Allo plant and the two suppliers. It recorded the following information (Click icon to view the budget and actual data) Read the requirements Requirement 1. Using the single-rate method, allocate costs to the dark chocolate division and the milk chocolate division in these three ways a. Calculate the budgeted rate per round-trip and allocate costs based on round-trips budgeted for each division The budgeted rate per round-trip is and milk chocolate division for This translates to indirect costs allocated to the dark chocolate divison for Data table More info The company has a separate division for each of its two products: dark chocolate and milk chocolate. Chocolat purchases ingredients from Wisconsin for its dark chocolate division and from Louisiana for its milk chocolate division. Both locations are the same distance from Chocolat's Palo Alto plant. Chocolat Inc. operates a feel of trucks as a cost center that charges the divisions for variable costs (drivers and fuel) and fixed costs (vehicle depreciation, insurance, and registration fees) of operating the fleet. Each division is evaluated on the basis of its operating income 1 2 Costs of truck fleet A Number of round-trips for dark chocolate 3 division (Palo Alto plant-Wisconsin) Number of round-trips for milk chocolate division (Palo Alto plant-Louisiana) Print Done Print Done C Budgeted Actual 136.500 120.000 36 30 Clear all Check answer