TB MC Qu$.18-40($Algo$)$ The amount of costs allocated to the Kentucky research facility

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

Facility locationKentuckyArizonaIllinoisTotalNew product revenue$ $48,040,000$$ $100,100,000$$ $92,060,000$$ $240,200,000$Research & Development$$$ $60,100,000$

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

Multiple Choice

$$18,010,000.$

$$12,020,000.$

$$24,020,000.$

$$280,200,000.$

$$9,005,000.$