Exercises 18-30 (Algo) Allocation of Marketing and Administrative Costs; Profit Centers [LO 18-3] School High School Chi

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Exercises 18 30 Algo Allocation Of Marketing And Administrative Costs Profit Centers Lo 18 3 School High School Chi 1 (38.87 KiB) Viewed 34 times

Exercises 18-30 (Algo) Allocation of Marketing and Administrative Costs; Profit Centers [LO 18-3] School High School Chilton Day School allocates marketing and administrative costs to its three schools on the basis of each school's annual tuition revenue (as a percentage of the total) Last year the allocations (000s omitted) were as follows: Middle Preschool Total Tuition revenue $ 1.600 $ 1,900 $ 2,300 $ 5,800 Marketing and administration 325 375 450 In the current year, the middle and high schools experienced no change in revenues, but the preschool's tuition revenue increased to $2 million Marketing and administrative costs rose to $1,350,000. Required: 1. Using revenue as an allocation base, how much current year cost will be allocated to the (Do not round intermediate calculations. Round your final answers to the nearest whole dollar amounts. Similar to the given information, omit 000s from your answer.) 1,150 Preschool Middle School High School Total Coot allocation