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Please answer now Capture Real Estate Company purchased a plot of land for KD 2.000.000 and spent KD 1.000.000 in developing it for building lots.
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Capture Real Estate Company purchased a plot of land for KD 2.000.000 and spent KD 1.000.000 in developing it for building lots. The lots were classified into Ultimate, Prime, and Unique grade to eat KD 100.000 KD 600.000, and KD 200,000 each, respectively, INSTRUCTIONS Complete the table below to allocate the cost of the lots using a relative standalone sales value method Apportioned Cost Per tot Total Revenue of Total Sales Total Grade No. of Lots Selling Price Ultimate Prime 9 Unique 11 Total 23 During 2000 Capture wells Ultimate. Prime, and Unique What is the amount of gross profit realised during 2007 Gross Profit Step by Step Solution
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