subject
Business, 17.12.2019 20:31 afarra4515

Acompany incurred the following costs:
purchase price of land $280,000
survey fees 4000
payment for demolition of old building on land 40,000
back property taxes on land 3000
paving costs for parking lot 70,000
fence around perimeter of land 15,000
lights in parking lot 90,000
signs for new business 5,000

what is the cost of the land?
a. $397,000
b. $280,000
c. $324,000
d. $327,000

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 04:50
Harwood company uses a job-order costing system that applies overhead cost to jobs on the basis of machine-hours. the company's predetermined overhead rate of $2.50 per machine-hour was based on a cost formula that estimates $240,000 of total manufacturing overhead for an estimated activity level of 96,000 machine-hours. required: 1. assume that during the year the company works only 91,000 machine-hours and incurs the following costs in the manufacturing overhead and work in process accounts: compute the amount of overhead cost that would be applied to work in process for the year and make the entry in your t-accounts. 2a. compute the amount of underapplied or overapplied overhead for the year and show the balance in your manufacturing overhead t-account. 2b. prepare a journal entry to close the company's underapplied or overapplied overhead to cost of goods sold.
Answers: 1
question
Business, 22.06.2019 08:00
How do communism and socialism differ in terms of the role that government plays in the economy ?
Answers: 1
question
Business, 22.06.2019 11:20
You decided to charge $100 for your new computer game, but people are not buying it. what could you do to encourage people to buy your game?
Answers: 1
question
Business, 22.06.2019 16:00
Arnold rossiter is a 40-year-old employee of the barrington company who will retire at age 60 and expects to live to age 75. the firm has promised a retirement income of $20,000 at the end of each year following retirement until death. the firm's pension fund is expected to earn 7 percent annually on its assets and the firm uses 7% to discount pension benefits. what is barrington's annual pension contribution to the nearest dollar for mr. rossiter? (assume certainty and end-of-year cash flows.)
Answers: 2
You know the right answer?
Acompany incurred the following costs:
purchase price of land $280,000
survey fees 4000...
Questions
question
Mathematics, 20.09.2019 22:30
question
Biology, 20.09.2019 22:30
question
Mathematics, 20.09.2019 22:30
question
Mathematics, 20.09.2019 22:30
Questions on the website: 13722367