Answer:1. Cost on warehouse of
$8600
Answer. Debit cost of land
2. Sales of salvage materials of $1700
Answer. Credit cost of land
3. Attorney fee of $1100
Answer Debit cost of land
4.Broker fee of $5000
Answer. Debit cost of land
5. Architect fee $7800
Answer. Debit cost of land
6. Driveway and parking lot
Answer. Debit cost of land.
Explanation:
The cost of property includes the price of purchase and other related tax e.g vat paid on the property, plants or equipment.
The cost of the asset further includes all cost spent to bring it to the desired state of use while subtracting all income earned in the process and this necessitate the treatment of the cost of raising warehouse and salvage materials.
Included in the cost of the asset acquired are the professional fees incurred like the Architecture, Attorney etc. Furthermore the cost included the driveway and parking lots for they are also necessary to make it usable.
Different segments of the project are delegated to respective functional units called as the Functional Organization.
<h3>
What is a Functional Organization?</h3>
The notion of specializations based on function or role is used by functional organizations as a sort of organizational structure. For businesses with one or a few product offerings as well as medium-sized and small organizations, an efficient organizational structure is ideal. For instance, the little company AB Company manufactures diapers and employs around one hundred people. A matrix organization is a sort of corporate structure that divides a corporation into various sections according to areas of specialization. Functional managers or heads of departments are responsible for managing these departments, which act as functional units.
To learn more about delegated, visit:
brainly.com/question/11870071
#SPJ4
Answer:
Units Completed and Transferred: 2,700
Explanation:
Units Completed and Transferred: Beginning Units in Process + Units Received - Ending Units in Process
Beginning Units in Process: 400
Units Received: 2,500
<u>Ending Units in Process: (200)</u>
Units Completed and Transferred: 2,700
