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Juli2301 [7.4K]
3 years ago
11

These expenditures were incurred by Oriole Company in purchasing land: cash price $60,700, assumed accrued taxes $5,260, attorne

y’s fees $2,170, real estate broker’s commission $3,310, and clearing and grading $4,610. What is the cost of the land? The cost of the land $enter the cost of the land in dollars
Business
1 answer:
yulyashka [42]3 years ago
6 0

Answer:

$76,050

Explanation:

Given that,

cash price = $60,700

assumed accrued taxes = $5,260

attorney’s fees = $2,170

real estate broker’s commission = $3,310

clearing and grading = $4,610

Cost of the land:

= cash price + assumed accrued taxes + attorney’s fees + real estate broker’s commission + clearing and grading

= $60,700 + $5,260 + $2,170 + $3,310 + $4,610

= $76,050

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dusya [7]

Answer:

To no the prices of goods and service and to buy stuff at low prices.

Explanation:

A purely competitive market is a situation where multiplier sellers have homogeneous products. The availability of the information is very important in a purely competitive market in order to decide how many sellers are selling the same product and from where an individual can buy products at low prices. Availability of information means, no seller can earn abnormal profits.

6 0
3 years ago
Exercise 19-08 a-b Oriole Corporation incurred the following costs while manufacturing its product.
telo118 [61]

Answer:

$371,700

Explanation:

The computation of the cost of goods sold is shown below:

Cost of goods manufactured  = Direct materials used + Direct labor cost + Manufacturing overhead cost + beginning work in process inventory - ending work in process inventory

where,

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3 years ago
Which sales channel is projected to top $450 billion within the next several years?
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3 years ago
Romeo grabbed Sara under the mistletoe at the office Christmas party and kissed her. Sara did not want to be kissed by Romeo; sh
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Answer:

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3 years ago
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