Question: Needed help with this question. Please only answer if you know it. Thank you. QS 24-21A (Algo) Joint cost allocation LO C2 A company purchases

Needed help with this question. Please only answer if you know it. Thank you.

Needed help with this question. Please only answer if you know it.

QS 24-21A (Algo) Joint cost allocation LO C2 A company purchases a 9,450-square-foot building for $365,000. The building has two separate rental units. Unit A, which has the desirable location on the corner and contains 2,700 square feet, will be rented for $2.00 per square foot. Unit B contains 6,750 square feet and will be rented for $1.20 per square foot. How much of the joint cost should be allocated to Unit A and to Unit B using the value basis of allocation

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