Assistance with Cost Accounting Case Study Questions Please see below. Regarding Question 2: Olson- Allocated...

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Accounting

Assistance with Cost Accounting Case Study Questions

Please see below.

Regarding Question 2: Olson- Allocated cost on benefits received District A - weighted 5 times property value District B - weighted 2 times property value District C - weighted 2 times property value District D - remains weighted at assessed property value

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Assignment Questions What is the average cost to each property owner in Districts A, B, C, and D if costs are allocated based on relative property values as suggested by Ms. Martyn (use the allocation of 10% of the total cost to the endangered lots provided in Table 6) What is the average cost to each property owner in Districts A, B, C, and D if costs are allocated based on relative benefits received as suggested by Ms. Olson (use the allocation of 10% of the total cost to the endangered lots provided in Table 6) Suppose property values for the participants attending the meeting were as follows: Name 3 District & Location Assessed Value Roger McDonald Chrissy Olson Jeff Baker Stephanie Martyn Jim Alford John Aimes Endangered lot, District A Not endangered, District A District IB District C Sound-front lot, District D Interior lot, District D $430,000 270,000 370,000 190,000 212,000 160,000 How much will each of these owners pay using each of the three cost allocation methods

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