6 QS 24-19C Joint cost allocation LO C3 ts A company purchases a 8,280-square-foot commercial building for $415,000 and spends an additional $94,000 to divide the space into two separate rental units and prepare it for rent. Unit A, which has the desirable location on the corner and contains 1,080 square feet, will be rented for $2.50 per square foot. Unit B contains 7,200 square feet and will be rented for $1.50 per square foot. How much of the joint cost should be assigned to Unit B using the value basis of allocation? 01:52:14 Joint Cost Apportioned Cost Market Value eBook Percent of Market Value Numerator Denominator % of Mkt Value Unit A Print Unit B Totals References