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Answer the following questions using the information below:
Electro Corp sells a refrigerator and a freezer as a single package for $1,000. Other data are in the chart below.
-Using the stand-alone method with manufacturing cost per unit as the weight for revenue allocation,what amount will be allocated to the refrigerator?
Measurable Data
Quantifiable information that can be objectively measured and analyzed to draw conclusions or make decisions.
Reinforcement
A principle in behavior psychology where an outcome strengthens an individual's future behavior whenever that behavior is preceded by a specific antecedent stimulus.
Social Smile
A voluntary expression typically exhibited by infants around 6 to 8 weeks of age in response to human faces or social interaction.
Cross-Sectional
A type of research design that examines data from a population, or a representative subset, at a specific point in time.
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