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Traditional Cost Allocation: Required: Use the given information to complete the table below the given information. The table has 12 empty boxes that you need
Traditional Cost Allocation:
Required: Use the given information to complete the table below the given information. The table has 12 empty boxes that you need to complete. Save and submit this page. Note that you need to show the overhead per unit of the allocation base to two decimal places. So, for example, if the rate is $42, show it as $42.00. Note that you need to show the overhead allocated to product 1 to the nearest dollar. So, for example, if it is $42,351.56, show it as $42,352. The company makes three different products, but you will only allocate to product 1 in this problem. A company has fixed manufacturing overhead of $100.000 that needs to be allocated to a product cost object. Six different allocation bases are being considered, as shown in the table immediately below. Allocate the $100,000 of fixed manufacturing overhead under each of the six bases presented in the tableStep by Step Solution
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