CoursHeroTranscribedText Consider this example. An employee obtained a business-class ticket for $9,557 and traveled the following itinerary:

CoursHeroTranscribedText

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Consider this example. An employee obtained a business-class ticket for $9,557 and traveled the following itinerary: One-Way Regular From Chicago Paris Paris Miles Fare Purpose 4,040 $ 3,690 Business Rio de Janeiro Rio de Janeiro Chicago 5,680 5,270 4,520 Personal 3,350 Return On the date of the flights between Chicago and Paris (and return), a restricted round-trip fare of $4,810 was available. Required: a. Compute the business portion of the airfare and state the basis for the indicated allocation that is appropriate according to each of the following independent scenarios: 1. Based on the maximum reimbursement for the employee. Business portion of the airfare 2. Based on the minimum cost to the company. Business portion of the airfare Consider this example. An employee obtained a business-class ticket for $9,557 and traveled the following itinerary: One-Way Regular From Chicago Paris Paris Miles Fare Purpose 4,040 $ 3,690 Business Rio de Janeiro Rio de Janeiro Chicago 5,680 5,270 4,520 Personal 3,350 Return On the date of the flights between Chicago and Paris (and return), a restricted round-trip fare of $4,810 was available. Required: a. Compute the business portion of the airfare and state the basis for the indicated allocation that is appropriate according to each of the following independent scenarios: 1. Based on the maximum reimbursement for the employee. Business portion of the airfare 2. Based on the minimum cost to the company. Business portion of the airfare