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A company purchases a 10.350-square-foot commercial building for $375.000 and spends an additional $70,000 to divide the space into two separate rental units and prepare
A company purchases a 10.350-square-foot commercial building for $375.000 and spends an additional $70,000 to divide the space into two separate rental units and prepare it for rent. Unit A, which has the desirable location on the corner and contains 1,350 square feet, will be rented for $2.00 per square foot. Unit B contains 9,000 square feet and will be rented for $1.20 per square foot | How much of the joint cost snoud be assigned to Unit B using the value bass of a ocet on? Joint Cost Apportioned Market Value Percent of Market Val Cost Denominator | % of Mkt Value Numerator Unit A Unit B Totals
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