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Will upvote immediately Jody's Cupcake Shop and Cara's Cakes each operate a bakery close to each other in a small town in Florida. If Jody

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Jody's Cupcake Shop and Cara's Cakes each operate a bakery close to each other in a small town in Florida. If Jody rents ovens on her own, it will cost $50,000. If Cara rents ovens on her own, it will cost $70,000. If they consolidate baking operations and share ovens, the total cost will be $105,000. Read the requirements. Requirement 1. Calculate Jody's and Cara's respective cost of the shared ovens under the stand-alone costallocation method. Requirements 1. Calculate Jody's and Cara's respective cost of the shared ovens under the stand-alone cost-allocation method. 2. Calculate Jody's and Cara's respective cost of the shared ovens using the incremental cost-allocation method assuming (a) Jody is the primary party and (b) Cara is the primary party. 3. Calculate Jody's and Cara's respective cost of the shared ovens using the Shapley value method. 4. Which method would you recommend Jody and Cara use to share the cost of the ovens? Why? Requirement 4. Which method would you recommend Jenny and Cara use to share the cost of the ovens? Why? I would recommend the It is fairer than the which Given its simplicity, the is likely more acceptable

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