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Carla Vista Realty Company purchased a plot of ground for $1,730,000 and spent $4,400,000 in developing it for building | were classified into Highland,
Carla Vista Realty Company purchased a plot of ground for $1,730,000 and spent $4,400,000 in developing it for building | were classified into Highland, Midland, and Lowland grades, to sell at $104,500, $78,375, and $52,250 each, respectively. Complete the table below to allocate the cost of the lots using a relative sales value method. No. of Grade Lots Selling Price Highland 20 $ Midland 40 Lowland 100 160 +A Total Revenue % of Revenue +A $ do % do % % do
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