Question: A performing arts academy has a music program and a theatre program. The music program has 426 students and the theatre program has 218 students.
A performing arts academy has a music program and a theatre program. The music program has 426 students and the theatre program has 218 students. The academy has a total indirect costs of $198,890 this year that includes office expenses, utility bills, travel expenses, and other expenses. Using the direct method [ IN EXCEL], what is the indirect cost that should be allocated to the music program this year if the number of students is the cost base?
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