PLEASE ANSWER ALL REQUIREMENTS AND OPEN IMAGE PROVIDED URGENT has three departments that sell$$ furniture: the Sofa$$ Department, the Easy Chair$$ Department, and the Coffee Table Department. These products are sold individually and in a bundle. Marble Company sells roughly equal quantities of the three products. Managers of the three departments are evaluated on the performance of their individual departments. The individual selling prices and per unit costs of the products are as$$ follows:

LOADING...$($Click the icon to view the$$ data.$)$

Read the requirementsLOADING....

Question content area bottom

Part $1$

Requirement $1.$ Allocate the revenue from the furniture bundle purchase to each of the products using the$$ stand$-$alone method based on the individual selling price per unit. $($Enter the allocation proportion as a decimal rounded to five decimal places. Round the revenue allocated to the nearest whole$$ dollar.$)$

Component

Allocation Proportion

Revenue Allocated

Sofas

Easy chairs

Coffee tables

Part $2$

Requirement $2.$ Allocate the revenue from the furniture bundle purchase to each of the products using the$$ stand$-$alone method based on cost per unit. $($Enter the allocation proportion as a decimal rounded to five decimal places. Round the revenue allocated to the nearest whole$$ dollar.$)$

Computer component

Allocation Proportion

Revenue Allocated

Sofas

Easy chairs

Coffee tables

Part $3$

Requirement $3.$ Allocate the revenue from the furniture bundle purchase to each of the products using the$$ stand$-$alone method based on physical units$($that is$,$ the number of individual units of product sold per$$ bundle$).($Round the revenue allocated to the nearest whole$$ dollar.$)$

Computer component

Allocation Proportion

Revenue Allocated

Sofas

Easy chairs

Coffee tables

Part $4$

Requirement $4.$ Which basis of allocation makes the most sense in this$$ situation? Explain your answer.