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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

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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 School Total Preschool School Tuition revenue $1,640 $1,940 $2,340 $5,920 1,210 Marketing and administration 345 470 395 In the current year, the middle and high schools experienced no change in revenues, but the preschool's tuition revenue increased to $2.04 million. Marketing and administrative costs rose to $1,390,00O. 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.) Total Preschool Middle School High School Cost allocation

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