Red Company allocates research and development costs to its three research facilities based on each facility's total annual revenue from new product developments Facility location Kentucky Arizona Illinois Total New product revenue $ 30,000,000 $ 80,000,000 $ 50,000,000 $ 160,000,000 Research Development $ 60,000,000 Using revenue as an allocation base, the amount of costs allocated to the Illinois research facility is calculated to be

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Question: Red Company allocates research and development costs to its three research facilities based on each facility's total annual revenue from new product developments: Facility location

Red Company allocates research and development costs to its three research facilities based on each facility's total annual revenue from new product developments:

Facility location	Kentucky	Arizona	Illinois	Total
New product revenue	$ 30,000,000	$ 80,000,000	$ 50,000,000	$ 160,000,000
Research & Development				$ 60,000,000

Using revenue as an allocation base, the amount of costs allocated to the Illinois research facility is calculated to be:

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