1. The cost of warehouse space is allocated to three inventories: raw materials, work-in-process, and finished goods. The inventories use the warehouse space in the ratio of 1/9 to 1/3 to 1/10 , respectively. If the total warehouse space is 9.4 million square metres, at a cost of $11.3435 million, how much of the cost should be allocated to each of the inventories?

2.Gross profit for April was two-fifths of net sales, and net income was two-sevenths of gross profit. Net income was $4200. (a) What was the gross profit for April? (b) What were net sales for April

3.Suhami Chadhuri has a two-sevenths interest in a partnership. She sold five-ninths of her interest for $2000. (a) What was the total amount of Ms. Chadhuri's interest before selling? (b) What is the value of the partnership

4. A residential property is assessed for tax purposes at 37% of its market value. The residential property tax rate is 3 1/2% of the assessed value and the tax is $1758. (a) What is the assessed value of the property? (b) What is the market value of the property?