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What is the common cost carried by holiday division

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Question - Hearthington Living Ltd provides accommodations for three (3) different groups: Holiday, Assisted Independent Living AND Rooming House. Three different divisions incur different costs and revenues but sharing the common cost for a general manager salary, a receptionist salary, group account management fees and rental expenses for the head office.

The common cost is totalled at $300,000 and at the moment equally distributed to each division.

Due to COVID, the Holiday division has suffered significantly.

Selected information for each division is provided below:

Due to COVID, The manager for Holiday division would like the common cost to be redistributed based on revenue rather than shared equally between divisions.

What is the common cost carried by Holiday division based on revenue? (Answer is closest to)

Reference no: EM132982847

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