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Solved: Chilton Day School Allocates Marketing And Administrative Costs To Its Three Schools Based Revenue For The Schools. Last Year The Allocations (000s Omitted) Were On Total Annual Tuition Follow

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Chilton Day School allocates marketing and administrative costs to its three schools based revenue for the schools. Last year



Chilton Day School allocates marketing and administrative costs to its three schools based revenue for the schools. Last year the allocations (000s omitted) were on total annual tuition follows: as ?igh Middle Preschool School School Total Tuition revenue $1,680 $1,980 $2,380 $6,040 1,270 Marketing and administration 365 415 490 In the current year, the middle and high schools experienced revenue increased to $2.08 million. Marketing and administrative costs rose to $1,430,000. change in revenues, but the preschool's tuition no Required: 1. Using revenue as an allocation base, how should the costs be allocated for the current year? (Do not round intermediate calculations. Enter your dollar answers in thotands rounded to 2 decimal places.) Preschool Middle School High School Total Cost allocation

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($' thousands) Pre School Middle School High School Total Cost allocation $ 461.86 $ 439.66 $

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