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PLEASE HELP ASAP Luke Corp, calculates its prodyct margiess inclading a share of corporate costs. One product, Bubbs, currently sells for $8.50 per case. In
PLEASE HELP ASAP
Luke Corp, calculates its prodyct margiess inclading a share of corporate costs. One product, Bubbs, currently sells for $8.50 per case. In the most receat year 2.33 million cases were sold. Under the earrent allocation method, corporane costs ( $10.5 million in the eurrent badget) are assigned to products at a rate of 10% of resenues Ausume your estimates of the corporate costs suggest that corporate costs have a variable component equal to 5% of reveruses and an annual fived component of 54,500,000 What woild be yeut entimate of the cotperase costs that sheold be allocated to Bobbs using this aliernative approach? You should assume that 12% of corporate fived costs are altocated fo Bubb Step by Step Solution
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