Chocolat Inc. is a producer of premium chocolate based in Palo Alto. (Click the icon to view additional information.) For 2017, the trucking fleet had a practical capacity of 65 round-trips between the Palo Alto plant and the two suppliers. It recorded the following information: (Click the 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 $ This translates to indirect costs allocated to the dark choco $ and milk chocolate division for $ Edit 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 fleet 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. Cancel Data Table Budgeted Actual Costs of truck fleet ind el $146,250 $132,000 Number of round-trips for dark chocolate division (Palo Alto plant - Wisconsin) 40 40 Number of round-trips for milk chocolate division (Palo Alto plant - Louisiana) 25 20