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Check my work 2 Woodland Hotels Inc. operates four resorts in the heavily wooded areas of northern California. The resorts are named after the predominant trees at the resort: Pine Valley, Oak Glen, Mimosa, and Birch Glen. Woodland allocates its central office costs to each of the four resorts according to the annual revenue the resort generates. For the current year, the central office costs (000s omittec) were as follows 0.31 points Front office personnel (desk, clerks, etc Adm nistrative and executive salaries Interest on re ort Purchase Advertiaing Housekeeping Depreciation on reservations computer Room maintenance Carpet-cleaning contract Contract to repaint $12,400 5, 800 4,800 600 3, 800 80 1,240 50 eBook References roona $29,350 airch Valley Oak Clen Minoaa Glen Revenue (000a)9 350 $13,975 $15 48011,450 50,255 89,485 48.790 97,715 300,795 448 107,890 $159.750 $84,510 67,155 $419,295 64,805 86 Square feet 174 122 56 Assets (000s) Required: 1 Based on annual revenue, what amount of the central office costs are allocated to each resort? 2. Suppose that the current methods were replaced with a system of four separate cost pools with costs collected in the four pools allocated on the basis of revenues, assets invested in each resort, square footage, and number of rooms, respectively. Which costs should be collected in each of the four pools? 3. Using the cost pool system in requirement 2, how much of the central office costs would be allocated to each resort? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Using the cost pool system in requirement 2, how much of the central office costs would be allocated to each resort? (Do not round intermediate calculations. Enter your answers in thousands rounded to the nearest dollar.) Square feet Number of rooms Assets Total cost allocated Required 2 Required 3