Heart & home properties is developing a subdivision that includes 470 home lots. the 220 lots in the canyon section are below a ridge and do not have views of the neighboring canyons and hills; the 250 lots in the hilltop section offer unobstructed views. the expected selling price for each canyon lot is $58,000 and for each hilltop lot is $104,000. the developer acquired the land for $2,300,000 and spent another $2,800,000 on street and utilities improvements. assign the joint land and improvement costs to the lots using the value basis of allocation and determine the average cost per lot.

Kenney co. uses process costing to account for the production of canned energy drinks. direct materials are added at the beginning of the process and conversion costs are incurred uniformly throughout the process. equivalent units have been calculated to be 19,200 units for materials and 16,000 units for conversion costs. beginning inventory consisted of $11,200 in materials and $6,400 in conversion costs. april costs were $57,600 for materials and $64,000 for conversion costs. ending inventory still in process was 6,400 units (100% complete for materials, 50% for conversion). the total cost per unit using the weighted average method would be closest to:

Parks corporation is considering an investment proposal in which a working capital investment of $10,000 would be required. the investment would provide cash inflows of $2,000 per year for six years. the working capital would be released for use elsewhere when the project is completed. if the company's discount rate is 10%, the investment's net present value is closest to (ignore income taxes) ?

Acoase solution to a problem of externality ensures that a socially efficient outcome is to