Jiminez Company paid its annual property tax of $6,000 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: Multiple Choice $450 of the property tax cost should be allocated to the January production. $1,500 of the property tax cost should be allocated to the January production. $6,000 of the property tax cost should be assigned to the January production. $500 of the property tax cost should be allocated to the January production.