Answer: $972,900
Explanation:
The cost of land consists of the actual purchase price, and all other expenses that are necessary to make the asset ready for its intended use. In terms of land, all these expenditures can include title fees, unpaid taxes from previous years only (i.e. not current taxes), and other expenses need to physically prepare the land for use. The current taxes figure of $4,600 is not included here, as it is only owed during the current year, therefore normal accounting rules for taxes will apply. This figure will thus be treated as a liability until it is paid. The back taxes were aqcuired when the asset was aqcuired, and thus form part of the cost.
Old buildings that were on the land, may need to be teared down so that land can be utilised. The costs used to demolish the building also forms part of the purchase price. On top of that, to fully prepare the land for use the land may need to be landscaped and leveled. All these costs contribute towards getting the land ready for use, and are thus included in the cost. Sales made on any item related to the land, during the process when the land was still being processed for its intended use, will reduce the cost of the asset, and deduct this figure. This figure will fall under sales, which is an income to the business. The full calculation of the cost is as follows:
Purchase price: $910,000
Title insurance: + $2,400
Unpaid property taxes: + $8,300
Cost of removing building: + $45,900
Sale of salvaged materials: - $4,000
Level the land: + $10,300
Cost of land: = $972,900
The answer is C. Renters' insurance is an excellent idea for tenants.
But the decision to purchase is up to the renters. There are many
options for coverage levels and companies available. The landlord should
have property insurance, but the renter should also have their own
insurance to cover their belongings.
<span>1 candy cost 1
2 candies cost 1+.50=1.50 ( here D is not an integer, hence we cannot buy 2 candies . so we can reject all cases where D is non Integer)
3 candies cost 1.50 +1 =2.50
4 candies cost 2.50+.50= 3
5 candies cost 3+1= 4
6 candies cost 4+.50= 4.50
7 candies cost 4.50+1=5.50
8 candies cost 5.50.+.50= 6
9 candies cost 6+1= 7
.....
13 candies cost =10
(i) D is prime
D=3 and N=4 (N is even)
D=7 N=9 (N is odd )
not sufficient
(ii) D is not Divisible by 3
D=1 N=1
D=4 N =5
D=7 N=9
D=10 N=13
so we see if D is not divisible 3 then N is always odd.</span>
Answer:
The correct answer is letter "C": Technological; social.
Explanation:
Performance management is the approach practiced by high-rank executives within an organization to provide employees with the right tools so they can perform their duties efficiently. The approach does not only involve giving workers ultimate technology but also training so they learn how to use the tools and feedback to improve their performance. The practice combines then technological resources with interpersonal activities that are likely to boost employees' efficiency and commitment.
Answer:
Equivalent Units Materials 1700 Conversion 2630
<u>Cost per EUP Materials:</u> 38.308 Conversion : 19.55
Explanation:
The weighted average method can be calculated using the beginning inventory and the units started .
Kahil Mfg
Weighted Average Method
Particulars Units % Of Completion Equivalent Units
Materials Conversion Materials Conversion
Beginning
Inventory 400 70 85 280 350
<u>Units Started 3800 40 60 1520 2280 </u>
<u>Equivalent Units 1700 2630</u>
<u />
Beginning WIP Inventory costs
Direct material Conversion
$ 4,349 4,658
Current period costs
<u> 60,775 46,750 </u>
<u>Total Costs 65,124 51,408 </u>
<u />
<u>Cost per EUP</u>
65,124/1700 51,408/2630
38.308 19.55
