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Marta_Voda [28]
3 years ago
10

Cala manufacturing purchases a large lot on which an old building is located as part of its plans to build a new plant. the nego

tiated purchase price is $264,000 for the lot plus $159,000 for the old building. the company pays $32,000 to tear down the old building and $47,304 to fill and level the lot. it also pays a total of $1,309,874 in construction costs—this amount consists of $1,232,100 for the new building and $77,774 for lighting and paving a parking area next to the building.
Business
1 answer:
Ivanshal [37]3 years ago
5 0
Cost of Land:Purchase price for land: 264,000Purchase price for old building : 159,000Demolition cost for old building: 32,000Cost to fill and level lot: 47,304Total cost of Land:  502,304


Cost of new building and Land improvementCost of new building: 1,232,100Cost of land improvements: 77,774Total construction cost:  1,309,874

Land (Debit 502,304)Land improvement (Debit 77,774)Building (Debit 1,232,100)Cash (Credit 1,812,178)
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The West European buyers who purchase and resell Entrée Specialités’ food products in their home countries are in the _____ busi
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Answer:

The correct answer is letter "A": importing.

Explanation:

Importing activities involve businesses or individuals purchasing goods from manufacturers abroad with the purpose of reselling those goods or for personal use. Importing goods imply paying tariffs on those products as a way to protect national businesses.

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3 years ago
You are considering the purchase of a new machine to help produce a new product line being introduced. The machine is expected t
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3 years ago
Kermit plans to open a boutique. The initial investment is $10,000. He has to spend $1,500 in annual operations and maintenance.
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8.14

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3 years ago
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Explain whether each of the following will cause a shift of the AD curve or a movement along the AD curve. a. Firms become more
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Answer:

a. AD curve will shift to the right

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7 0
3 years ago
On December 31 of the current year, Plunkett Company reported an ending inventory balance of $215,500. The following additional
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Answer:

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3 years ago
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