Felton Quality Productions Company has provided the following information for the year 2012: 
Based on the above information, what was Felton's allocation rate? (Hint: for this type of problem, the "trial and error" method may be used.)
Definitions:
Generation Z
The demographic cohort following Generation Y, typically defined as those born from the mid-1990s to the early 2010s.
Baby Boomers
The demographic group born during the post-World War II baby boom, approximately between the years 1946 and 1964.
Generations
Groups of individuals, often grouped by birth years, who experience similar societal events and cultural shifts.
Seniority-based Pay
A compensation system where employees' wages or salaries are determined by their length of service or tenure within an organization, rather than performance.
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