Blue co. purchased land as a factory site for $600,000. the process of tearing down two old buildings on the site and constructing the factory required 6 months. the company paid $63,000 to raze the old buildings and sold salvaged lumber and brick for $9,450. legal fees of $2,775 were paid for title investigation and drawing the purchase contract. blue paid $3,300 to an engineering firm for a land survey, and $102,000 for drawing the factory plans. the land survey had to be made before definitive plans could be drawn. title insurance on the property cost $2,250, and a liability insurance premium paid during construction was $1,350. the contractor’s charge for construction was $4,110,000. the company paid the contractor in two installments: $1,800,000 at the end of 3 months and $2,310,000 upon completion. interest costs of $255,000 were incurred to finance the construction. determine the cost of the land and the cost of the building as they should be recorded on the books of martin buberk co. assume that the land survey was for the building.

Which part/word/phrase in the passage refers to a business’s financing activity seen in a cash flow statement? nathan works as an accountant in a footwear manufacturing company. he is currently preparing the cash flow statement for his employer. during the given accounting period, the company purchased raw materials worth $25,000. it also bought new equipment worth $75,000 to increase its production output. further, it borrowed a long-term bank loan of $100,000 to facilitate further expansion. finally, the company spent $50,000 on advertising its latest brand of footwear in the market. {lol i guessed its "it borrowed a long-term bank loan of $100,000 to facilitate further expansion" and thats correct}

Sweeten company had no jobs in progress at the beginning of march and no beginning inventories. the company has two manufacturing departments--molding and fabrication. it started, completed, and sold only two jobs during march—job p and job q. the following additional information is available for the company as a whole and for jobs p and q (all data and questions relate to the month of march): molding fabrication total estimated total machine-hours used 2,500 1,500 4,000 estimated total fixed manufacturing overhead $ 10,000 $ 15,000 $ 25,000 estimated variable manufacturing overhead per machine-hour $ 1.40 $ 2.20 job p job q direct materials $ 13,000 $ 8,000 direct labor cost $ 21,000 $ 7,500 actual machine-hours used: molding 1,700 800 fabrication 600 900 total 2,300 1,700 sweeten company had no underapplied or overapplied manufacturing overhead costs during the month. required: for questions 1-8, assume that sweeten company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. for questions 9-15, assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both departments. 1. what was the company’s plantwide predetermined overhead rate? (round your answer to 2 decimal places.) next

What are the general categories of capital budget scenarios? describe the overall decision-making context for each.