: 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: Middle High Tuition revenue Marketing and administration 1,590 $1,890 $2,290 $5,770 ped 320 370 445 1,135 In the current year, the middle and high schools experienced no change in revenues, but the preschool's tuition revenue Increased $1.99 million. Marketing and administrative costs rose to $1,340,000. ook rences 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.) Cost allocation 0.00 Prev of 8 Next >