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Multiple Choice $2,166,120. $1,872,000. $1,569,280. $1,728,000. $1,925,120 Pleasant Hills Properties is developing a golf course subdivision that includes 225 home lots; 100 lots are golf
Multiple Choice $2,166,120. $1,872,000. $1,569,280. $1,728,000. $1,925,120
Pleasant Hills Properties is developing a golf course subdivision that includes 225 home lots; 100 lots are golf course lots end will sell for $115,000 each; 125 are street frontage lots and will sell for S8S,OOO. The developer acquired the land for and spent another on street end 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.) Multlple Cholce O O O O O $2166,120 $1E72,ooo_ $1,50.280.
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