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Jiminez Company paid its annual property tax of $11,800 on its manufacturing facility in January. The company expects to make 4,000 units of product
Jiminez Company paid its annual property tax of $11,800 on its manufacturing facility in January. The company expects to make 4,000 units of product during the year. During January, 300 units of product were produced. Based on this information: (Do not round intermediate calculations.) Multiple Choice $983 of the property tax cost should be allocated to the January production. $2,950 of the property tax cost should be allocated to the January production. $11,800 of the property tax cost should be assigned to the January production. $885 of the property tax cost should be allocated to the January production.
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