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3 years ago

Acquisition of Land and Building

Business

1 answer:

Leokris [45]3 years ago

7 0

Answer: The total cost of land will be $110,00 while the total cost of building will be $675,000.

Explanation:

The total cost of land will be $110,00 while the total cost of building will be $675,000. Total cost of land is gotten by ($100,000 + $8,000 + $4,000 - $2,000) = $110,000

Total cost of building is gotten by adding $25,000 + $650,000 = $675,000.

Further explanation has been attached

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Reynold's Company has a product with fixed costs of $309,000, a unit selling price of $24, and unit variable costs of $21. The b

Serhud [2]

Answer:

The answer is 51,500 units

Explanation:

Break-even sales is a point in which a business or a firm neither make profit nor loss. Total Revenue equals total cost. Break-even sales help to know the point at which business starts to make profit.

Break-even sales is:

Fixed cost/contribution margin.

Where contribution margin is sales price per unit minus variable cost per unit.

In the question, variable cost are decreased by $3.

So the new variable cost is $21 - $3

=$18.

Contribution margin is $24 -$18

Therefore, The break-even sales (units) if the variable costs are decreased by $3 is:

$309,000/$6

=51,500 units

3 0

3 years ago

Jayhawk had previously purchased merchandise for $40,000 The company returned $4,000 of the merchandise previously purchased bec

ki77a [65]

Answer:

the options are missing, but I wrote down the two possible answers

the journal entry to record the purchase assuming perpetual inventory method:

Dr Merchandise inventory 40,000

Cr Accounts payable 40,000

the journal entry to record the damaged merchandise assuming perpetual inventory method:

Dr Accounts payable 4,000

Cr Merchandise inventory 4,000

the journal entry to record the purchase assuming periodic inventory method:

Dr Purchases 40,000

Cr Accounts payable 40,000

the journal entry to record the damaged merchandise assuming periodic inventory method:

Dr Accounts payable 4,000

Cr Purchases returns 4,000

8 0

3 years ago

Contracts drafted under a common law framework tend to be

Fynjy0 [20]

Answer:

In detailed along with all the contingencies that are spelled out.

Explanation:

Common law is the body which is of legal rules that have been made or build through the judges as they will issue the rulings on cases, which is opposed to the rules and the laws which were made through the official statutes or the legislature.

Under the common law, the contracts are made or stated or drafted so that they will provide a brief as well as detailed rules along with all the possible contingencies which were spelled out or made out.

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3 years ago

When optimizing your social media profiles, be sure to provide a consistent business description across all channels. Brainstorm

svlad2 [7]

Answer:

SEO-friendly

Explanation:

Being SEO friendly is a quality that some web pages have that, due to their characteristics, are optimized from the SEO point of view, that is, they are easier to find and have a better web positioning.

These features cover different aspects from programming, through design, to the contents of the website, which get them to position themselves much better, with the increase in reputation, notoriety and presence on the network.

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2 years ago

Complaints about Microsoft’s Xbox video game consoles began immediately after its introduction. These complaints ranged from mis

Alex73 [517]

Answer:

Quality goal

Explanation:

Quality goals are objectives/targets of improvement in quality of the product produced or services rendered. Example of quality goals includes: reducing the number of defects, comparing quality of product or services to other competitors in the market, increasing durability, improving customer's experience and satisfaction, addressing data quality and process quality and so on.

In trying to solve the complaints problem, Microsoft needs to engage in a more rigorous QUALITY goal in order to improve the quality of the product.

3 0

3 years ago