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Please help me with all 4 parts P15-32 (book/static) Question Help Tate Inc. and Booth Inc. are two small manufacturing companies that are considering leasing

image text in transcribedPlease help me with all 4 parts

P15-32 (book/static) Question Help Tate Inc. and Booth Inc. are two small manufacturing companies that are considering leasing a cutting machine together. If Tate rents the machine on its own, it will cost $26,000. If Booth rents the machine alone, it will cost $14,000. If they rent the machine together, the cost will decrease to $36,000. Read the requirements. Req allocation method. Requirements Star 1. Calculate Tate's and Booth's respective share of fees under the stand-alone cost-allocation method. 2. Calculate Tate's and Booth's respective share of fees using the incremental cost-allocation method assuming (a) Tate is the primary party (b) Booth is the primary party Calculate Tate's and Booth's respective share of fees using the Shapley value method. 3. 4. Which method would you recommend Tate and Booth use to share the fees? Print Done

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