Phonesforlife allocates the indirect cost it incurs to units of output produced using a single allocation base i.e., number of direct labour hours. The allocation of these indirect costs occurs throughout the period. Information about Phonesforlife's indirect costs and allocation base for the entire year of 2022 (i.e., the previous period) is provided below. The allocation rate used by Phonesforlife to allocate its indirect costs to units of output throughout 2022 is closest to: $0.95 $3.33 $4.00 $20.00 Insufficient information to determine the