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Baxter Builders builds townhomes in a new subdivision just outside of Saskatoon. Land and labour...

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Accounting

Baxter Builders builds townhomes in a new subdivision just outside of Saskatoon. Land and labour are cheap, and competition among developers is fierce. The homes in the subdivision are identical to one another, but buyers can upgrade features by paying the difference. Baxter Builders' cost per developed sublot are as follows:
(Click the icon to view the costs.)
Baxter Builders would like to earn a profit of 15% of the variable cost of each home sale. Similar homes offered by competing builders sell for $205,000 each.
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