27. Adrian Cursio & Associates is a consulting business that operates in a rented office in Melbourne CBD, offering taxation, superannuation and insurance advice. The office has a main reception area (servicing all departments) with the remaining floor space allocated to the three departments. The following information is provided for the three departments: Taxation Insurance Superannuation Total Floor sqmtrs Space 250 150 400 800 Divisional Contribution $140,000 -$30,000 $360,000 $470,000 The common cost made up of reception wages and rent is totalled at $180,000. If the common cost is allocated on the basis of floor space, what is the profit (or loss) made by the Insurance division? A. A loss of $63,750 B. A profit of $63,750 C. A loss of $33,750 D. A loss of $30,000