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MC Qu. 143 Pleasant Hills Properties is developing... 2 Pleasant Hills Properties is developing a golf course subdivision that includes 225 home lots: 100 lots
MC Qu. 143 Pleasant Hills Properties is developing... 2 Pleasant Hills Properties is developing a golf course subdivision that includes 225 home lots: 100 lots are golf course lots and will sell for $107.000 each: 125 are street frontage lots and will sell for $77,000. The developer acquired the land for $1,920,000 and spent another $1,520,000 on street and utilities improvement Compute the amount of joint cost to be allocated to the street frontage lots using value basis. (Round your intermediate calculation to one decimal place.) 1 points Skipped Multiple Choice eBook O $1,809,440 References $1,506,720. O $1,862,560 $2,103,560 $1,630,560 MC Qu. 109 Canfield Technical School allocates... 3 1 points Skipped Canfield Technical School allocates administrative costs to its respective departments based on the number of students enrolled, while maintenance and utilities are allocated per square feet of the classrooms. Based on the information below, what is the total amount of maintenance cost to the Carpentry Department (rounded to the nearest dollar) If administrative costs for the school were $71000, maintenance fees were $19,000, and utilities were $6,700? Department Students Classrooms Electrical 140 10,750 sq. ft. Welding 105 17,200 sq. ft. Accounting 70 8,600 sq. ft. Carpentry 35 6,450 sq. ft. Total 350 43,000 sq. ft. eBook References Multiple Choice $2.850 $3,450. $902 $1,900. $19,000 1 Farrow Co. expects to sell 200,000 units of its product in the next period with the following results. 3 $3,000,000 points Sales (200,000 units) Costs and expenses Direct materials Direct labor Overhead Selling expenses Administrative expenses Total costs and expenses Net incone 489,000 800,000 200,000 300,000 514,000 2,214,bea $ 786,000 eBook Hint The company has an opportunity to sell 20,000 additional units at $12 per unit. The additional sales would not affect its current expected sales. Direct materials and labor costs per unit would be the same for the additional units as they are for the regular units. However, the additional volume would create the following incremental costs: (total overhead would increase by 16% and (2) administrative expenses would increase by $86,000. Print Calculate the combined total net income if the company accepts the offer to sell additional units at the reduced price of $12 per unit. References Normal Volume Additional Volume Combined Total 0 Costs and expenses 0 0 a 0 0 0 a 0 Total costs and expenses Incremental income loss) from new business $ 0 $ O D Should the company accept or reject the offer? The company should accept the offer The company should reject the offer
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