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Selected data for Colony Company, which operates three departments, follow: During the year, the company's fixed expenses included the following: Assume that the property tax
Selected data for Colony Company, which operates three departments, follow: During the year, the company's fixed expenses included the following: Assume that the property tax rate is the same for both inventory and equipment. Using the most causally related bases, prepare a schedule assigning the fixed expenses to the three departments. Do not round until your final answer. Round final answer to the nearest whole number
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