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 omitted) were as follows: Front office personnel (desk, clerks, etc.) Administrative and executive salaries Interest on resort purchase Advertising Housekeeping Depreciation on reservations computer $12,700 5,909 4,900 600 3,900 eBook 80 Room maintenance 1,270 Carpet-cleaning contract Contract to repaint rooms 50 590 $29,990 Pine alley Oak Glen Mimosa Birch Glen Revenue (808s) Square feet Rooms $ 9,550 $ 14,270 $15,810 $ 11,690 $ 51,320 00,205 49,195 98,545 303,270 448 65, 325 86 122 174 $108,745 $161,03e 85,205 67,725 $422,705 Assets (888s) Required: Mc Graw Hill 11:31A 5/18/20 Type here to search pine Birch Glen Total 2 Valley 0ak Glen Mimosa $ 9,550 $. 14,270 $ 15,810 $11,698 $51,329 65,325 90,205 49,195 98,545 303,270 86 Revenue (000s) Square feet Rooms 174 448 122 Assets (ee0s) $188,745 $161,030 85,205 67,725 $422, 75 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? eBook Complete this question by entering your answers in the tabs below Required 1 Required 2 Required 3 Based on annual revenue, what amount of the central office costs are allocated to each resort? (Do not round intermediate calculations. Enter your answers in thousands rounded to the nearest dollar.) Pine Valley Oak Glen Mimosa Birch Glen Total Allocated cost O Type here to search