Cullumber Realty Company purchased a plot of ground for $1,500,000 and spent $4,350,000 in developing it...

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Cullumber Realty Company purchased a plot of ground for $1,500,000 and spent $4,350,000 in developing it for building lots. T

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Answer 1

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					Apportioned cost
Grade	No of lots	Selling price	Total revenue	% of total Sales	Total	Per Lot
Highland	20	131000	2620000	20%	1170000	58500
Midland	40	98250	3930000	30%	1755000	43875
Lowland	100	65500	6550000	50%	2925000	29250
	160		13100000		5850000

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Cullumber Realty Company purchased a plot of ground for $1,500,000 and spent $4,350,000 in developing it...

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G. Doran realty company purchased a plot of ground for 1,900,000 and spent 4,100,000 in developing...

1. Doran Realty Company purchased a plot of ground for $1,900,000 and spent $4,100,000 in developing...

F. Aber company manufactures one product . On dec 31,2016 Aber adopted the dollar value LIFO...

Cullumber Realty Company purchased a plot of ground for $1,500,000 and spent $4,350,000 in developing it...

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G. Doran realty company purchased a plot of ground for 1,900,000 and spent 4,100,000 in developing...

1. Doran Realty Company purchased a plot of ground for $1,900,000 and spent $4,100,000 in developing...

F. Aber company manufactures one product . On dec 31,2016 Aber adopted the dollar value LIFO...

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Cullumber Realty Company purchased a plot of ground for $1,500,000 and spent $4,350,000 in developing it...