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Please help me figure out how % of Revenue is calculated and how to calculate apportioned cost total and apportioned cost per lot. Carla Vista
Please help me figure out how % of Revenue is calculated and how to calculate apportioned cost total and apportioned cost per lot.
Carla Vista Realty Company purchased a plot of ground for $1,890,000 and spent $3,900,000 in developing it for building lots. The lots were classified into Highland, Midland, and Lowland grades, to sell at $106,500,$79,875, and $53,250 each, respectively. Complete the table below to allocate the cost of the lots using a relative sales value methodStep by Step Solution
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