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Pleasant Hills Properties is developing a golf course subdivision that includes 225 home lots; 100 lots are golf course lots and will sell for $106,000 each; 125 are street frontage lots and will sell for $76,000. The developer acquired the land for $1,910,000 and spent another $1,510,000 on street and utilities improvement. Compute the amount of joint cost to be allocated to the golf course lots using value basis. (Round your intermediate calculation to one decimal place.) Multiple Choice $1,855,460. $2,096,460. $1,499,620. $1,802,340. $1,617,660. Ready Company has two operating (production) departments: Assembly and Painting. Assembly has 180 employees and occupies 54,000 square feet; Painting has 120 employees and occupies 36,000 square feet. Indirect factory expenses for the current period are as follows: Administration is allocated based on workers in each department; maintenance is allocated based on square footage. The amount of maintenance expenses that should be allocated to the Assembly Department for the current period is: Multiple Choice $51,000. $64,800. $115,800. $116,700. $129,600. Fallow Corporation has two separate profit centers. The following information is available for the most recent year: The West Division occupies 8,000 square feet in the plant. The East Division occupies 4,800 square feet. Rent, which was $64,000 for the year, is an indirect expense and is allocated based on square footage. Compute operating income for the West Division. Multiple Choice $171,000. $131,000 $130,000. $126,000. $111,000. Ready Company has two operating (production) departments: Assembly and Painting. Assembly has 210 employees and occupies 68,400 square feet; Painting has 90 employees and occupies 45,600 square feet. Indirect factory expenses for the current period are as follows: Administration is allocated based on workers in each department; maintenance is allocated based on square footage. The amount of administration expenses that should be allocated to the Assembly Department for the current period is: Multiple Choice $67,900. $70,200. $138,100. $139,400. $140,400