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Requirement 2. Using the dual-rate method, compute the amount allocated to each department when (a) the fixed-cost rate is calculated using budgeted costs and the
Requirement 2. Using the dual-rate method, compute the amount allocated to each department when (a) the fixed-cost rate is calculated using budgeted costs and the practical gift-wrapping capacity, (b) fixed costs are allocated based on budgeted usage of gift-wrapping services, and (c) variable costs are allocated using the budgeted variable-cost rate and actual usage. (Round all of your answers to the nearest cent.) Total Variable Fixed Rate per item Giftware Women's Apparel Fragrances Men's Apparel Domestics Total Requirement 2. Using the dual-rate method, compute the amount allocated to each department when (a) the fixed-cost rate is calculated using budgeted costs and the practical gift-wrapping capacity, (b) fixed costs are allocated based on budgeted usage of gift-wrapping services, and (c) variable costs are allocated using the budgeted variable-cost rate and actual usage. (Round all of your answers to the nearest cent.) Total Variable Fixed Rate per item Giftware Women's Apparel Fragrances Men's Apparel Domestics Total
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