Woodland Hotels Incorporated operates four resorts in the heavily wooded areas of northern 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: Front office personnel (desk, clerks, etc.) Administrative and executive salaries Interest on resort purchase Advertising Housekeeping Depreciation on reservations computer Room maintenance Carpet-cleaning contract Contract to repaint rooms $ 9,200 4,600 3,600 600 2,600 80 920 50 460 $ 22,110 Pine Valley Oak Glen Revenue (0005) Square feet $ 6,550 58,585 Rooms 86 $ 9,790 80,910 122 Mimosa $ 10,845 44,125 Birch Glen $ 8,020 66 88,390 174 Assets (000s) $ 97,525 $ 144,440 $ 76,425 $ 60,745 Required: Total $ 35,205 272,010 448 $ 379,135 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 office costs would be allocated to each resort? Required 1 Required 2 Required 3 Based on annual revenue, what amount of the central office costs are allocated to each resort? (Do not round intermediate calculations. Enter your answers in thousands rounded to the nearest dollar.) Allocated cost $ Pine Valley 4,114 $ Oak Glen 6,148 Mimosa $ 6,811 $ Birch Glen 5,037 $ Total 22,110 Required 1 Required 2 Required 3 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? (Enter your answers in thousands of dollars.) Allocation Base Revenue Square feet Number of rooms Total Assets Required 1 Required 2 Required 3 Using the cost pool system in requirement 2, how much of the central office costs would be allocated to each resort? (Do not round intermediate calculations. Enter your answers in thousands rounded to the nearest dollar.) Allocation Base Revenue Square feet Number of rooms Assets Total cost allocated Pine Valley Oak Glen Mimosa Birch Glen Total