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18-1. Chilton Day School allocates marketing and administrative costs to its three schools based on total annual tuition revenue for the schools. Last year the

18-1. Chilton Day School allocates marketing and administrative costs to its three schools based on total annual tuition revenue for the schools. Last year the allocations (000s omitted) were as follows:

Preschool Middle School High School Total
Tuition revenue $ 1,640 $ 1,940 $ 2,340 $ 5,920
Marketing and administration 345 395 470

1,210

In the current year, the middle and high schools experienced no change in revenues, but the preschools tuition revenue increased to $2.04 million. Marketing and administrative costs rose to $1,390,000.

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 thousands rounded to 2 decimal places.)

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Preschool Middle School High School Total Cost allocation $ 0.00

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