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You are also given the following data on the three dvisions Raphael Hotel & Casino is situated on beautiful Lake Tahoe in Nevada. The complex

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You are also given the following data on the three dvisions Raphael Hotel & Casino is situated on beautiful Lake Tahoe in Nevada. The complex includes a 300-room hotel, a casino, and a restaurant As Raphaers new controler, your manager asks you to recommend the basis the hotel should use for allocating fixed overhead costs to the three divisions in 2017, You are presented with the following income statement information for 2016 (Click the icon to vew the data ) You are told that you may choose to allocate indirect costs based on one of the following direct costs, floor space, or the number of employees Total fixed overhead costs for 2016 were $14,590,000 (click the icon to voew the data ) Read the Casino Raphael Hotel Restaurant Allocated foxed overhead costs Operating margin Operating margin % Enter any number in the edit fields and then click Check

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