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help A company purchases a 24,080-square-foot building for $753,000. The building has two separate rental units. Unit A, which has the desirable location on the
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A company purchases a 24,080-square-foot building for $753,000. The building has two separate rental units. Unit A, which has the desirable location on the corner and contains 6,880 square feet, will be rented for $250 per square foot. Unit B contains 17,200 square feet and will be rented for $1.50 per square foot. Compute the amount of joint cost that should be allocated to Unit B using the value basis of allocation:
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