Cowboy development incurred the following costs associated with the purchase of a piece of land that it will use to re-build an office building, what amount should be recorded for the purchase of the land? sale price of land $400,000 sale of salvaged parts already on land $20,000 demolition of the old building $30,000 ground breaking ceremony (food/supplies) $1,500 land preparation and leveling $7,500

Warner inc. sells a high-speed retrieval system for mining information. it provides the following information for the year. budgeted actual overhead cost $965,700 $905,000 machine hours 58,570 49,200 direct labor hours 107,300 104,200 overhead is applied on the basis of direct labor hours. compute the predetermined overhead rate. predetermined overhead rate $ per direct labor hour link to text determine the amount of overhead applied for the year. the amount of overhead applied $