2.7 Pleasant Hills Properties is developing a golf course subdivision that includes 225 home lots; 100 lots are golf 23 course lots and will sell for $109,000 each; 125 are street frontage lots and will sell for $79,000. The developer acquired the land for $1,940,000 and spent another $1,540,000 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.) oints 02:17:24 Multiple Choice eBook $2,121,120. $1,880,120. $1,827,000. $1,524,280. $1,653,000. 22 2.7 points A firm produces and sells two products, Plus and Max. The following information is available relating to setup costs (a part of factory overhead): Plus Max Units produced Batch size (units) 320 16,000 10 500 Number of setups 32 32 02:17:37 Direct labor hours per unit 6 6 Total direct labor hours 1,920 96,000 eBook Cost per setup Total setup cost $ 1,950 $124,800 Using number of setups as the activity base, the amount of setup cost allocated to each unit of product for Plus and Max, respectively is: Multiple Choice $32.50; $.39. $39.00, $39.00. $64.00 $64.00. $195.00 $3.90. 21 Braun Company has one service department and two operating (production) departments. Maintenance Department costs are allocated to the two operating departments based on square feet occupied. Listed below are the operating data for the current period: 2.7 points Direct Department Maintenance Expenses Square Feet $ 52,500 23,000 Milling 94,500 46,000 02:18:03 Assembly 123,400 69,000 eBook The total cost of operating the Assembly Department for the current period is: Multiple Choice $123,400. $126,000. $175,900. $133,600. $154,900. 27 20 points A company has two departments, Y and Z that incur wage expenses. An analysis of the total wage expense of $35,000 indicates that Dept. Y had a direct wage expense of $5,200 and Dept. Z had a direct wage expense of $8,300. The remaining expenses are Indirect and analysis indicates they should be allocated evenly between the two departments. Departmental wage expenses for Dept. Y and Dept. Z, respectively, are: 03 02:18:35 Multiple Choice eBook $15.950; $19.050. $19.050 $15,950. $17,500, $17,500. $5,200, $8,300. $10,750 $10,750