Vijay inc. purchased a three-acre tract of land for a building site for $350,000. on the land was a building with an appraised value of $118,000. the company demolished the old building at a cost of $11,700, but was able to sell scrap from the building for $1,610. the cost of title insurance was $810 and attorney fees for reviewing the contract were $540. property taxes paid were $3,000, of which $350 covered the period subsequent to the purchase date. the capitalized cost of the land is:

a) $365,700.
b) $364,090.
c) $366,050.
d) $233,160.

What does the consumer price index measure? a. the change in prices of all goods and services over time b. the change in prices of specific goods and services over time c. the change in prices of final goods and services over time

Xie company identified the following activities, costs, and activity drivers for 2017. the company manufactures two types of go-karts: deluxe and basic. activity expected costs expected activity handling materials $ 625,000 100,000 parts inspecting product 900,000 1,500 batches processing purchase orders 105,000 700 orders paying suppliers 175,000 500 invoices insuring the factory 300,000 40,000 square feet designing packaging 75,000 2 models required: 1. compute a single plantwide overhead rate, assuming that the company assigns overhead based on 125,000 budgeted direct labor hours. 2. in january 2017, the deluxe model required 2,500 direct labor hours and the basic model required 6,000 direct labor hours. assign overhead costs to each model using the single plantwide overhead rate.

Acompany recorded a check in its accounting records as $87. however, the check was actually written for $78 and it cleared the bank as $78. what adjustment is needed to the personal statement? a. decrease by $9 b. increase by $9 c. decrease by $18 d. increase by $9