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Use the information below to answer the following question(s) :
Hinckley & Granger Company had the following activities, estimated indirect activity costs, and allocation bases:
Hinckley & Granger uses activity-based costing.
The above activities are used by Departments P and Q as follows:
-How much of the correspondence cost will be assigned to Department P?
Agency
A relationship between two parties in which one party (the agent) agrees to represent or act for the other (the principal).
Improbable
Unlikely to occur or be true.
Estopped
Estopped refers to a legal principle that prevents a person from arguing something contrary to a claim they previously made or agreed to by their actions or words.
Requisite Authority
The necessary or required power, permission, or jurisdiction to perform an action or enforce a policy.
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