Answer:
$125,000
Explanation:
When records are made of a purchase we do not consider the original price the seller bought the item or the fair market value of the good.
We record the amount that was actually paid while purchasing the good.
In this scenario although the the fair market value of the building was $150,000 and the price the owner originally bought it was $50,000, the amount we will record for the purchase is what was paid. That is $125,000
Answer:
$24,160 favorable
Explanation:
The computation of the total contribution margin sales volume variance is given below:
The Budgeted contribution margin per pound of MT is
= $40 - $20
= $20 per pound
Now the budgeted contribution margin per pound of ET is
= $60 - $30
= $24 per pound
MT's contribution margin sales volume variance is
= (Actual sales quantity - Budgeted sales quantity) × Budgeted contribution margin per pound
= (3960 - 4000) × $20
= $800 Unfavorable
ET's contribution margin sales volume variance is
= (Actual sales quantity - Budgeted sales quantity) × Budgeted contribution margin per pound
= (5,040 - 4000) × $24
= $24,960 favorable
Now the total contribution margin sales volume is
= $800 unfavorable + $24,960 favorable
= $24,160 favorable
Answer:
Financial planning is a step-by-step approach to meet one's life goals. A financial plan acts as a guide as you go through life's journey. Essentially, it helps you be in control of your income, expenses and investments such that you can manage your money and achieve your goals.
The price at which a property won't sell.
<h3><u>What are expired listings?</u></h3>
The listing agreement has a specified end date when a homeowner hires an agent to sell a house. When this deadline passes without the house selling and without the owner renewing the listing agreement with the real estate agency, the listing expires. Similar to how potential buyers frequently include offer expiration dates when submitting offers to sellers. The offer "expires" and can no longer be accepted by the seller if the offer expiration date passes before the seller accepts.
These are four methods for obtaining leads from expired listings:
- Make Use of the Multiple Listing Service (MLS) to find expired listings
- Buy Expired Listings
- Ask Other Real Estate Agents
- Access public records.
Learn more about expired listings with the help of the given link:
brainly.com/question/14446560
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