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Todweed Academy allocates marketing and administrative costs to its three schools based on total annual tuition revenue for the schools: School Lower School Middle School
Todweed Academy allocates marketing and administrative costs to its three schools based on total annual tuition revenue for the schools:
School | Lower School | Middle School | Upper School | Total | ||||||||
Tuition revenue | $ | 1,000,000 | $ | 800,000 | $ | 1,200,000 | $ | 3,000,000 | ||||
Marketing and administrative | $ | 1,200,000 | ||||||||||
Using revenue as an allocation base, the amount of costs allocated to the Middle School is calculated to be:
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