A company purchases a 20,040-square-foot building for $750,000. The building has two separate rental units. Unit A, which has the desirable location on the corner and contains 6,680 square feet, will be rented for $2.00 per square foot. Unit contains 13,360 square feet and will be rented for $1.50 per square foot Compute the amount of joint cost that should be allocated to Unit A using the value basis of allocation Multiple Choice $225,000 $187,500 $300,000 $450,000 $487,500 21 of 59 5:3 Next >