Check my work 9 5 So Exercises 18-41 (Algo) Allocation of Central Costs: Profit Centers [LO 18-3] Woodland Hotels Incorporated operates four resorts in the heavily wooded areas of northem 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: Frost office personnel (desk, clerks, etc.) Administrative and executive salaries 4.900 Interest on resort purchase 600 2,00 Depreciation on reservations computer Rocaintenance Careet.cleaire contract Contract to repaint rooms $ 25, yee 3,000 ping B 50 450 Pine Valley Min Birch Total Revenue (0) 57,sse 11,285 $ 12,50 $ 9,245 40,50 Square feet 140 83.62 45,200 90,65 279,130 Roons 122 Assets (0) $100,110 $ 145,00 $ 7,48 569,325 $589,665 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 ottice costs would be allocated to each resort