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Premium Candy ine is a producer of premum chocolate based in Pato Alto For 2020, the trucking feet had a practical capacity of 65 round-trips

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Premium Candy ine is a producer of premum chocolate based in Pato Alto For 2020, the trucking feet had a practical capacity of 65 round-trips betaeen the Palo Alto plant and the fwo supptiers, it recorded the following intormation Promiam Candy tnc- decibes to examine the effect of using the duid-rate mefhod for alloeating truck nosts to eoch fourulitio (Cick the kon to vew the cost information for zobo) Read the tegoiremonts. each drvision? More info The company has a separate division for each of its two products: dark chocolate and milk chocolate. Premium Candy purchases ingredients from Wisconsin for its dark chocolate division and from Louisiana for its milk chocolate division. Both locations are the same distance from Premium Candy's Palo Alto plant. Premium Candy Inc. operates a fleet of trucks as a cost center that charges the divisions for variable costs (drivers and fuel) and fixed costs (vehicle depreciation, insurance, and registration fees) of operating the fleet. Each division is evaluated on the basis of its operating income. Data table Data table At the start of 2020 , the budgeted costs were The actual results for the 60 round-trips made in 2020 were Requirements 1. Using the dual-rate method, what are the costs allocated to the dark chocolate division and the milk chocolate division when (a) variable costs are allocated using the budgeted rate per round-trip and actual round-trips used by each division and when (b) fixed costs are allocated based on the budgeted rate per round-trip and round-trips budgeted for each division? 2. From the viewpoint of the dark chocolate division, what are the effects of using the dual-rate method rather than the single-rate method

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