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 omited) were as follows Tuition revenue Marketing and administration Preschool Middle School High School Total $1,500 $1,800 $2,200 $5,500 1,000 275 325 400 In the current year, the middle and high schools experienced no change in revenues, but the preschool's tuition revenue increased to $1.9 million. Marketing and administrative costs rose to $1,250,000 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 answers in thousands of dollars rounded to2 decimal places.) Middle High School Total Preschool Cost allocation References eBook & Resources Worksheet Difficulty: 2 Medium Leaming Objective measurement for c O Type here to search ?? e a