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3 years ago

During 2016, Burr Co. made the following expenditures related to the acquisition of land and the construction of a building:

Business

1 answer:

Colt1911 [192]3 years ago

8 0

Answer:

$64,000 and $358,000

Explanation:

The computation is shown below:

For land:

= Purchase price of land + Legal fees for contracts to purchase land + Demolition of old building on site - Sale of scrap from old building

= $60,000 + $2,000 + $5,000 - $3,000

= $64,000

For building:

= Construction cost of new building (fully completed) + Architects’ fees

= $350,000 + $8,000

=$358,000

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Explanation:

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This includes all options (a-c) for the following reasons:

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So for lean manufacturing to be implemented and operate effectively, it requires all these options.

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3 years ago

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The income statement of Whitlock Company is presented here.

bazaltina [42]

Answer:

$1,146,800

Explanation:

Preparation for the operating activities section of the statement of cash flows for the year ended November 30, 2020

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Partial Statement of Cash FlowsFor the Year Ended November 30, 2020

Cash flows from operating activities

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3 years ago

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