I will assume this is a true or false question. The answer is false.
In the normal costing, the current prices in the market are being used for a direct materials and labor. The overhead rate is only estimated. It uses the estimates of the labor and the material as also the overhead.
The cost of land would not include option(a) i.e, the Cost of parking lot lighting.
<h3>What is meant by
the cost of land?</h3>
The asset valuation method that is used to value land that appears on a company's balance sheet is known by the financial accounting term cost of land. The price of the land would cover all costs incurred in purchasing the property as well as those incurred in getting it ready for usage by the business.
The price of the land might be calculated by adding the purchase price, the local government's appraisal of the property, deducting the cost of any existing structures, and title insurance premiums.
All expenses incurred to prepare the improvements for use are included in the cost of land improvements. For instance, the cost of the parking lot is just the agreed-upon fee when two businesses enter into a contract to build one on the other's property.
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This occurs when a checking account is overdrawn and doesn't have enough money in it to cover debts. A fee is charged and more funds must be added to the account.
Answer:
a) gross impressions
Explanation:
First of all, impressions are the times an individual member of an audience is exposed to a certain advertisement.
Gross impressions refer to the total amount of times a group of individuals (or households) that are exposed to a certain advertisement during a given media schedule or program.
A single individual might be exposed several times to the same advertisement, therefore the number of gross impressions may exceed the total audience of the media.
Gross rating points measure the audience of a media while gross impressions measure the number of times the audience is exposed to a certain advertisement.
Answer:
D) ownership advantages
Explanation:
Based on the scenario being described it can be said that the executives are most likely worried that Coffman lacks ownership advantage. This term refers the competitive advantage that exists for a company that is attempting to enter a foreign market. Such as Coffman Enterprises is trying to do, but since they are concerned about the fierce competition, then they are stating that Coffman may not have a competitive advantage in that market to deal with the existing competitors.
