Answer:
$598,000
Explanation:
Calculation of the Cost of Land
Cash $200,000
Note Payable $375,000
Legal fees $6,000
Delinquent taxes $4,100
Fees to Remove Old Building $15,500
Proceeds from Savages ($2,600)
Total $598,000
Therefore,
The cost of the land to be reported on the balance sheet is $598,000
Answer:
$80,704
Explanation:
Data provided in the question:
Budgeted Price = $20,176 per pool
Budgeted quantity = 12 pools
Actual quantity = 16 pools
Actual price = $20,992 per pool
Now,
Sales Volume Variance
= ( Actual Quantity - Budgeted Quantity) × Budgeted price
Thus,
Sales Volume Variance for April = ( 16 - 12 ) × $20,176
or
Sales Volume Variance for April = $80,704
Answer:
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Explanation:
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