Organic Laboratories 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 $ 56,000,000 $ 100,000,000 $ 84,000,000 $ 240,000,000
Research & Development $ 90,000,000
Using revenue as an allocation base, the amount of costs allocated to the Illinois research facility is calculated to be:.

Amount of costs allocated to the Illinois research facility = $31,500,000

Explanation:

Given:

Research cost    

Kentucky = $56,000,000

Arizona = $100,000,000

Illinois = $84,000,000

Research and development cost = $90,000,000

Find:

Amount of costs allocated to the Illinois research facility

Computation:

Amount of costs allocated to the Illinois research facility = Research cost of Illinois[Research and development cost / Total research cot]  

Amount of costs allocated to the Illinois research facility = 84,000,000[90,000,000 / (56,000,000 + 100,000,000 + 84,000,000)]

Amount of costs allocated to the Illinois research facility = 84,000,000[90,000,000 / (240,000,000)]

Amount of costs allocated to the Illinois research facility = 84,000,000[0.375]

Amount of costs allocated to the Illinois research facility = $31,500,000

both are integral parts of a corporate balance sheet. the cash flow statement, or statement of cash flows, measures the sources of a company's cash and its uses of cash over a specific time period. the income statement measures a company's financial performance, such as revenues, expenses, profits or losses over a specific time period (in fact, it's sometimes called a statement of financial performance).

a cash flow statement shows exactly how much money a company has received and how much it has spent, traditionally over a period of one month. it captures the current operating results and changes on the balance sheet, such as increases or decreases in accounts receivable or accounts payable, and does not include noncash accounting items such as depreciation and amortization. the cash flow generally comes from revenue received as a result of business activity, but it may be augmented by funds available as a result of credit. a cash flow statement is used to determine the short-term viability and liquidity of a company, specifically how well it is positioned to pay its bills and vendors.

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