Question
Larry is the accountant for the Silly Sock Manufacturing Company. They manufacture four styles of socks, tube socks, ankle socks, no-show socks, and knee-high socks.
Larry is the accountant for the Silly Sock Manufacturing Company. They manufacture four styles of socks, tube socks, ankle socks, no-show socks, and knee-high socks. Larry is allocating the security costs using the stand-alone method. The tube socks take up 2,500 sq ft, ankle socks take up 2,300 sq ft, no-show socks 3,100 sq ft, and knee-high socks 3,300 sq ft. In total, Larry must allocate $70,000 in security costs. How much will they allocate to the no-show sock department?
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