Question

A graduate student interviewing for a fulltime teaching position has just returned from visiting three organizations in a single trip costing $864. Each school has offered to reimburse the students its “fair share.” If the schools had been visited individually, travel costs and time would have been as follows:


REQUIRED
A. Allocate the costs using the stand-alone method.
B. Allocate the costs using the incremental cost method.
C. Which method is most “fair?”Explain.


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  • CreatedJanuary 26, 2015
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