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Admin overhead costs are allocated based on each departments revenues, what is the allocation rate? Engineering costs are to be allocated based on sq ft,

Admin overhead costs are allocated based on each departments revenues, what is the allocation rate? Engineering costs are to be allocated based on sq ft, what is the allocation rate? How much of the Admin & Engineer costs would be allocated to cancer & how much to pharmacy? What would be the total profit for cancer and pharmacy?

Cancer

Rev - $700,000

Exp - $250,000

Sq Ft - 2,500

Pharmacy

Rev - $300,000

Exp - $125,000

Sq Ft - 1,000

Overhead Costs

Admin - $40,000

Engineering - $60,000

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