1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
pickupchik [31]
3 years ago
9

On February 1, 2020, Bonita Industries purchased a parcel of land as a factory site for $328000. An old building on the property

was demolished, and construction began on a new building which was completed on November 1, 2020. Costs incurred during this period are listed below: Demolition of old building $ 19800 Architect's fees 36400 Legal fees for title investigation and purchase contract 4600 Construction costs 1378000 (Salvaged materials resulting from demolition were sold for $10200.) Bonita should record the cost of the land and new building, respectively, as:____________
a. $342200 and $1414400.
b. $352400 and $1404200.
c. $337600 and $1419000.
d. $337600 and $1414400.
Business
1 answer:
Volgvan3 years ago
3 0
I think is b I hope this helps
You might be interested in
Banks pay interest to customers through a
nexus9112 [7]

Answer:

mortgage account

For me:

I like that among us account perfect

3 0
2 years ago
Read 2 more answers
What is the definition of the literary term “anthropomorphic”?
antiseptic1488 [7]

Answer:

An animal that has been given human attributes. The answer is the second one.

Explanation:

7 0
2 years ago
Read 2 more answers
If Project Repat were to acquire another firm that makes or sells similar products in similar markets, it would be an example of
SVEN [57.7K]

Answer:

b. Horizontal merger.

Explanation:

Project Repat is merging with a company that produces similar products to its own markets them in similar markets as well, this is an example of a horizontal merger that results in increased synergies between the similar firms and a greater market share opportunity.

Vertical mergers are usually not in the same industry. They would either be with the suppliers of Project Repat or customers who retail Project Repat's products.

Conglomerate is an example of diversification and usually the merging firms have different operations.

There are no information of clashes of any sort within the two  merging companies so it is uncertain whether this is a hostile takeover.

Hope that helps.

3 0
3 years ago
Zhang Industries budgets production of 400 units in June and 410 units in July. Each finished unit requires 5 pounds of raw mate
Vika [28.1K]

Answer:

The correct answer is $12,060.

Explanation:

According to the scenario, the given data are as follows:

Production in June = 400 units

Production in July = 410 units

Each unit required = 5 pounds

Cost per pound = $6

So, June required raw material = 400 units × 5 pounds = 2000 pounds

For July required raw material = 410 units × 5 pounds × 20% = 410 pounds

So, required total raw material for June = 2000 pounds + 410 pounds - 400 pounds ( already in inventory)

= 2010 pounds

So, the total cost required for raw material in June = 2010 pounds × $6

= $12,060

Hence, the budgeted cost of purchases for raw material K for June is $12,060.

7 0
3 years ago
Write the interrelationship between education and profession​
Nutka1998 [239]

Explanation:

in order to have a profession you need to get an education first ... if you start out working along side someone,that someone is giving you an education in how to do the job you want to do. if you are planning a profession such as a doctor or a lawyer , prepare yourself for a lot of education..

8 0
2 years ago
Other questions:
  • Pericloud Company produces a product that has a regular selling price of $500 per unit. At a typical monthly production volume o
    11·1 answer
  • In the context of international trade, a small country is one that:
    11·1 answer
  • Johnson, Inc. has just ended the calendar year making a sale in the amount of $10,000 of merchandise purchased during the year a
    6·1 answer
  • A leadership model: a. is an explanation of some aspect of leadership. b. has practical value. c. is used when selecting the app
    7·1 answer
  • Nolan is applying for a promotion within his company. The formal statement about the job says that he must have a four-year coll
    10·1 answer
  • A delivery company is considering adding another vehicle to its delivery fleet; each vehicle is rented for $100 per day. Assume
    9·1 answer
  • Toby has been working on collecting tidbits over the past year from a financial firm's trash in an effort to eventually break in
    9·1 answer
  • Sheridan Company declared a $229000 cash dividend. It currently has 12300 shares of 4%, $100 par value cumulative preferred stoc
    9·1 answer
  • Đặc điểm cơ bản của tài chính gián tiếp là gì
    14·1 answer
  • The expenditure on a fixed asset (such as a machine) or monetary asset (such as shares or bonds) that affects the net cash flow
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!