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lesantik [10]
2 years ago
7

b. A second approach using the cost method of valuation will also be used to estimate value. Comparing vacant lot sales in the m

arket area indicates that the value of the lot the subject property is constructed on is $13,000. Air-conditioned space in the dwelling would cost about $36.00 per square foot to reproduce, and the garage would cost approximately $3,700 to reproduce. Complete the cost approach to value, assuming that, because the property being valued is relatively new, no depreciation of the structure is required.
Business
1 answer:
V125BC [204]2 years ago
4 0

Explanation is in the file

tinyurl.com/wtjfavyw

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the answer here is d

5 0
3 years ago
The following data for Romero Products Inc. are available:
Mkey [24]

Answer:

Sales quantity factor = - $600,000

Unit price factor = $760,000

Explanation:

sales quantity factor is the effect of change in number of units sold with respect to the budgeted price or planned price.

Unit price factor is the change in price per unit with respect to the actual number of units sold.

Unit price factor $(220-200)×38,000 = $760,000

Sales quantity factor (38,000 - 41,000) × $200 = -$600,000

Kindly see attached picture

3 0
2 years ago
QS 7-13 Note receivable interest and maturity LO P4 On December 1, Daw Co. accepts a $36,000, 45-day, 10% note from a customer.
asambeis [7]

Answer and Explanation:

The journal entries are shown below:

1. Interest Receivable $300($36,000 ×  10% x 30 ÷ 360)  

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2. Cash $36,450

          To Interest Receivable A/c $300

          To Interest Revenue A/c $150 ($36,000 ×  10% x 15 ÷ 360)    

          To Notes Receivable A/c $36000

(Being note maturity date it is honoured is recorded)

6 0
3 years ago
Explain in detail the various of cottage industry.​
almond37 [142]

Answer:

A cottage industry is a small-scale, decentralized manufacturing business often operated out of a home rather than a purpose-built facility. Cottage industries are defined by the amount of investment required to start, as well as the number of people employed.

4 0
2 years ago
Keener Incorporated had the following transactions occur involving current assets and current liabilities during February 2017.
Dmitry_Shevchenko [17]

Answer:

The answers are in the attachment below.

6 0
3 years ago
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