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Please answer all requirements 1 , 2 , 3 and 4 . Connie's Cupcake Shop and Carrie's Cakes each operate a bakery close to each
Please answer all requirements and
Connie's Cupcake Shop and Carrie's Cakes each operate a bakery close to each other in a small town in Florida. If Connie rents ovens on her own, it will cost $ If Carrie rents ovens on her own, it will cost $ If they consolidate baking operations and share ovens, the total cost will be $
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Requirement Calculate Connie's and Carrie's respective cost of the shared ovens under the standalone costallocation method.
tableConnie,CarrieStandalone,,
Requirements
Calculate Connie's and Carrie's respective cost of the shared ovens under the standalone costallocation method.
Calculate Connie's and Carrie's respective cost of the shared ovens using the incremental costallocation method assuming a Connie is the primary party and b Carrie is the primary party.
Calculate Connie's and Carrie's respective cost of the shared ovens using the Shapley value method.
Which method would you recommend Connie and Carrie use to share the cost of the ovens? Why?
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