Myaccounungtan Problems 15-27 Single-rate, dual-rate, and practical capacity allocation. Perfection Department Store has a new promotional program that offers a free gift-wrapping service for its service department has practical capacity to wrap 7,000 gifts at a budgeted fixed cost of $6.650 each month. The budgeted variable cost to gift wrap an item is $0.40. Although the se tomers, a gift-wrapping service cost allocation is m chased. The customer-service department reported the following for the most recent month customers. Perfection's customer- rvice is free to cus- ade to the department where the item was pur Home Page Budgeted Practical Capacity Number of Gifts to Be Wrapped 2.470 825 Available for Gift-Wrapping 2,640 945 1,970 650 795 Actual Number of Gifts 2 Women's face wash 2020 3 Men's face wash 4Fragrances S Body wash 6 Hair products 730 1.560 545 1495 1,805 430 1120 Total 1. Using the single-rate method, allocate gift -wrapping costs to different departments in these three ways. Required a. Calculate the budgeted rate based on the budgeted number of gifts to be wrapped and allocate b. Calculate the budgeted rate based on the budgeted number of gifts to be wrapped and allocate c. Calculate the budgeted rate based on the practical gift-wrapping capacity available and allocate costs based on the budgeted use (of gift-wrapping services. costs based on actual usage costs based on actual usage