Manning company purchased a factory for $120,000. the factory included land, a building, and equipment. the land contributes 40.8%, the building contributes 49.6%, and the equipment contributes 9.6% of the factory’s value. how much of the cost should be assigned to the building?

$59,520

Explanation:

Data provided in the question:

Purchasing cost of the company = $120,000

Particular             Contribution

Land                           40.8%

Building                     49.6%

Equipment                 9.6%

Now,

The cost that should be assigned to the building

= Purchasing cost of the company × Percentage Contribution of Building

= $120,000 × 49.6%

= $59,520

(i know i'm late but the answer's "things about yourself" because you want to list things you're capable of, why you want to open up the business, the amount of money you're putting into it,etc.) i'm guessing you take online school small business, the answers to the quizzes are all over quizlet. just look up your question and type quizlet after it and it'll pop up.