Kahn Industry, Inc. has three divisions. The following information was available for last quarter Division A Division B Division C Company Revenues $200,000 S320,000 $140,000 $660,000 Cost of goods (or services) sold 160,000 240,000 100,000 500,000 Gross margin $40,000 S 80.000 $ 40,000 $160,000 Marketing and administrative costs 18,000 20,000 12.000 50,000 Operating profit S 22,000 S. 60.000 $ 28,000 $110,000 Interest 10,000 Income taxes (30%) 30,000 Net income S 70.000 The CEO of Kahn Industry wanted to allocate the interest cost of $10,000 to the three divisions. O Required: 1. Identify the cost object(s) and the cost pool. 2. Allocate the interest cost based on each division's (1) revenues, (2) gross margin, and (3) operating profit 3. Draw a cost flow diagram assuming the allocation of interest cost is based on revenues