Jiminez Company Paid Its Annual Property Tax of $6,000 on Its

Multiple Choice

Jiminez Company paid its annual property tax of $6,000 on its manufacturing facility in January.The company expects to make 4,000 units of product during the year.During January,300 units of product were produced.Based on this information:

A) $450 of the property tax cost should be allocated to the January production.
B) $1,500 of the property tax cost should be allocated to the January production.
C) $6,000 of the property tax cost should be assigned to the January production.
D) $500 of the property tax cost should be allocated to the January production.