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( 2 5 pts ) Stockton State wants to allocate costs to SOM and the other Colleges. Assume that three activities determine indirect costs and

(25 pts) Stockton State wants to allocate costs to SOM and the other Colleges. Assume that three activities determine indirect costs and have the following cost drivers:
Activitx
Cost Driver
Education
Course Sections
Support services
Square feet of space
Auxiliary Enterprises
Students
The cost driver activity for last year was as follows:
\table[[,SOM,Others],[Course sections,2,500,4,000],[Sq. ft. of space,100,000,100,000],[Students,6,500,8,000]]
Indirect costs for the year were:
Education
$31,000,000
Support services ,7,000,000
Auxiliary Enterprises ,10,000,000?
TOTAL
$48,000,000
Using the ABC system, compute the indirect cost allocated to SOM and Others.
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