In case of a manufacturing organization, which of the following is a variable cost that varies directly with the sales volume?

What is the amount of organizational paperwork and ongoing legal formalities for a general partnership?

What will be an ideal response?

Mr. Wall owned an apartment building with an adjusted cost basis of $220,000 and a fair market value of $330,000. He exchanged the property for an apartment house which had a fair market value of $365,000. Both properties were free and clear and no adjustment was made for the differences in value. For federal income tax purposes, the new property will have a basis for Mr. Wall of:

A: $110,000; B: $145,000; C: $205,000; D: $220,000.