Ask Question
6 October, 22:10

Harbor Corp currently leases a corporate suite in an office building for a cost of $ 260,000 a year. Only 88 % of the corporate suite is currently being used. A startminus up business has proposed a plan that would use the other 12 % of the suite and increase the overall costs of maintaining the space by $ 25,659.

a. If the standminus alone method were used, what amount of cost would be allocated to the startminus up business?

+1
Answers (1)
  1. 6 October, 23:27
    0
    The correct answer to allocate the amount of cost would be allocated to the startminus up business is $56859

    Lease rent allocated to startminus up business = $260000 * 12% = $31200

    Allocation of overall costs of maintaining the space = $25659

    Amount of cost allocated to the startminus up business = $31200 + $25659 = $56859
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Harbor Corp currently leases a corporate suite in an office building for a cost of $ 260,000 a year. Only 88 % of the corporate suite is ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers