Merchant Company purchased property for a building site. The costs associated with the property were: Purchase price $ 190,000 Real estate commissions 16,500 Legal fees 2,300 Expenses of clearing the land 3,500 Expenses to remove old building 2,500 What portion of these costs should be allocated to the cost of the land and what portion should be allocated to the cost of the new building?

Schonhardt corporation's relevant range of activity is 2,500 units to 5,500 units. when it produces and sells 4,000 units, its average costs per unit are as follows: averagecost per unitdirect materials $ 7.60direct labor $ 2.90variable manufacturing overhead $ 1.65fixed manufacturing overhead $ 2.90fixed selling expense $ 0.95fixed administrative expense $ 0.65sales commissions $ 0.75variable administrative expense $ 0.65if 4,500 units are produced, the total amount of fixed manufacturing cost incurred is closest to: multiple choicea $16,800b $11,400c $11,600d $15,400