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Southeast Cardiac Care is looking to allocate its administrative costs of $6,000,000 to its various offices. The allocation driver used is based on occupied space.

Southeast Cardiac Care is looking to allocate its administrative costs of $6,000,000 to its various offices. The allocation driver used is based on occupied space. Based on the information below, what is the allocation rate?

Clinical Square Footage 800,000 sq. ft.

Total Revenue $40,000,000

a. $0.15 per sq. ft.

b. $7.50 per sq. ft.

c. $6.67 per Revenue Dollar

d. $7.00 per sq. ft.

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