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Darsh and Darpan share an apartment. Both have separate cell phone plans. The costs are $70 and $90, respectively. They would like to save money and combine it into one plan that costs $121. Using the stand-alone cost allocation, how much of the cost should be allocated to each? (Do not round the intermediate calculations.) Darsh Darpan $61 $31 $53 $70 $61 $90 $68 $51

Darsh and Darpan share an apartment. Both have separate cell phone plans. The costs are $70 and $90, respectively. They would like to save money and combine it into one plan that costs $121. Using the stand-alone cost allocation, how much of the cost should be allocated to each? (Do not round the intermediate calculations.) Darsh Darpan $61 $31 $53 $70 $61 $90 $68 $51

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Darsh and Darpan share an apartment. Both have separate cell phone plans. The costs are $70 and $90, respectively. They would like to save money and combine it into one plan that costs $121. Using the stand-alone cost allocation, how much of the cost should be allocated to each? (Do not round the intermediate calculations.) Darsh Darpan $61 $31 $53 $70 $61 $90 $68 $51
Transcribed Image Text:Darsh and Darpan share an apartment. Both have separate cell phone plans. The costs are $70 and $90, respectively. They would like to save money and combine it into one plan that costs $121. Using the stand-alone cost allocation, how much of the cost should be allocated to each? (Do not round the intermediate calculations.) Darsh Darpan $61 $31 $53 $70 $61 $90 $68 $51
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