Trent Inc. and Vice Inc. are two small clothing companies that are considering leasing a dyeing machine together. The companies estimated that in order to meet production, Trent needs the machine for 950 hours and Vice needs it for 800 hours. If each company rents the machine on its own, the fee will be $110 per hour of usage. If they rent the machine together, the fee will decreas to $100 per hour of usage.

Requirement 1. Calculate Trent's and Vice's respective share of fees under the stand-alone cost-allocation method. (Do not round intermediary calculations. Only round the amount you input in the cell to the nearest dollar.) Trent Vice Stand-alone

Requirement 2. Calculate Trent's and Vice's respective share of fees using the incremental cost-allocation method assuming (a) Trent ranked as the primary party and (b) Vice ranked as the primary party. (Do not round intermediary calculations. Only round the amount you input in the cell to the nearest dollar.) Trent Vice Incremental Trent primary user Vice primary user r

Requirement 3. Calculate Trent's and Vice's respective share of fees using the Shapley value method. (Do not round intermediary calculations. Only round th e amount you input in the cell to the nearest dollar.)

4. Which method would you recommend Trent and Vice use to share the fees?

Requirement 1. Calculate Trent's and Vice's respective share of fees under the stand-alone cost-allocation method. (Don Trent Vice Stand-alone Requirement 2. Calculate Trent's and Vice's respective share of fees using the incremental cost-allocation method assumir Only round the amount you input in the cell to the nearest dollar.) Trent Vice Incremental Trent primary user Vice primary user Requirement 3. Calculate Trent's and Vice's respective share of fees using the Shapley value method. (Do not round interme Trent Vice Shapley