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Chilton Day School allocates marketing and administrative costs to its three schools on the basis of each school's annual tuition revenue (as a percentage
Chilton Day School allocates marketing and administrative costs to its three schools on the basis of each school's annual tuition revenue (as a percentage of the total). Last year the allocations (000s omitted) were as follows: Middle High Preschool School School Total Tuition revenue $ 1,550 $ 1,850 $ Marketing and administration 300 350 2,250 425 5,650 1,075 In the current year, the middle and high schools experienced no change in revenues, but the preschool's tuition revenue increased to $1.95 million. Marketing and administrative costs rose to $1,300,000. Required: 1. Using revenue as an allocation base, how much current year cost will be allocated to the: (Do not round Intermediate calculations. Round your final answers to the nearest whole dollar amounts. Similar to the given Information, omit 000s from your answer.)
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