Pleasant Hills Properties is developing a golf course subdivision that includes $250$

home lots; $100$ golf course lots will sell for $$95,000$ each; $150$ street frontage lots will

sell for $$65,000.$ The developer acquired the land for $$1,800,000$ and spent another

$$1,400,000$ on the street and utilities improvement.

Compute the joint cost allocated to the street frontage lots using a value basis.

Please describe other ways the common costs could be allocated to lots and how

this may impact sales decisions.