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?

Bakery has bought 250 pounds of muffin dough. they want to make waffles or muffins in half-dozen packs out of it. half a dozen of muffins requires 1 lb of dough and a pack of waffles uses 3/4 lb of dough. it take bakers 6 minutes to make a half-dozen of waffles and 3 minutes to make a half-dozen of muffins. their profit will be $1.50 on each pack of waffles and $2.00 on each pack of muffins. how many of each should they make to maximize profit, if they have just 20 hours to do everything?