Question: B Help Save & Exit Exercise 22-22A (Algo) Assigning joint costs LO C2 Home Properties is developing a subdivision that includes 420 homes. The 210

 B Help Save & Exit Exercise 22-22A (Algo) Assigning joint costs

B Help Save & Exit Exercise 22-22A (Algo) Assigning joint costs LO C2 Home Properties is developing a subdivision that includes 420 homes. The 210 lots in the Canyon section ar ridge and do not have views of the neighboring canyons and the 210 tots in the top section offer unobst views. The expected selling price for each caryo S5800 and for each toplotis 5108 000 The devel acquired the land for $1.800.000 and spent $200.000 net and improvements Assign the joint land and improvement 54500 section and the top section using basis of allocation. (Do not round your intermediate calculations) Sales Value Percent of a Cost to Allocate Allocated Cost Canyon section Hilltop section Totals B Help Save & Exit Exercise 22-22A (Algo) Assigning joint costs LO C2 Home Properties is developing a subdivision that includes 420 homes. The 210 lots in the Canyon section ar ridge and do not have views of the neighboring canyons and the 210 tots in the top section offer unobst views. The expected selling price for each caryo S5800 and for each toplotis 5108 000 The devel acquired the land for $1.800.000 and spent $200.000 net and improvements Assign the joint land and improvement 54500 section and the top section using basis of allocation. (Do not round your intermediate calculations) Sales Value Percent of a Cost to Allocate Allocated Cost Canyon section Hilltop section Totals

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