The hassan corporation has an electric mixer division and, Financial Accounting

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The hassan corporation has an electric mixer division and

The Hassan Corporation has an Electric Mixer Division and an Electric Lamp Division. Of a $10,000,000 bond issuance, the Electric Mixer Division used $7,000,000 and the Electric Lamp Division used $3,000,000 for expansion. Interest costs on the bond totaled $750,000 for the year. What amount of interest costs should be allocated to the Electric Lamp Division?

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Financial Accounting: The hassan corporation has an electric mixer division and

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