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lack Pepe This window shows your responses and what was marked correct and incorrect from your previous attempt 3 Social Media, Inc (SM has two

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lack Pepe This window shows your responses and what was marked correct and incorrect from your previous attempt 3 Social Media, Inc (SM has two services for users. Toot, which connects tutors with students who are looking for tutoring services and TIX which can be used to buy sell or exchange event tickets for the following year SMI expects the following results Toot TEX Total Users 14,30 21.100 25, Reven $1,100,000 $1.640,000 $3.540,000 Engineering hours 12.50 8,10 21,600 Engineering COST $ 310,000 $430,000 $ 240,00 Administrative costs 51.345,200 0 012554 Scale Required: a. Compute the predetermined overhead rot used to apply administrative costs to the two services assuming SMS the revenge to allocate administrative costs b. Based on the rate computed in requirement at what is the proft for each service Complete this question by entering your answers in the tabs below. Required A Compute the predetermined overhead rate used to apply admirative costs to the two services souming Stes the revenue to locate administrative costs Oremur

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