Ans:- C. Advertising costs to change the picture of the building will not be included in the cost of building.
Which of the following would not be included in the cost of a new building? Select...
22. Which of the following is included in the cost of constructing a building? A. Cost of paving parking lot. B. Cost of repairing vandalism damage during construction. C. Insurance costs during construction. D. None of the above. 23. A revenue expenditure results in a debit to A. An asset account. B. A liability account. C. A revenue account. D. An expense account. 24. Putting a new roof on a building is an example of a capital expenditure A. True....
Which of the following expenditures would be included in the cost of a fixed asset? a. Mistakes in installation b. Sales taxes c. Uninsured theft d. Vandalism
Which of the following should NOT be included in a capital budgeting analysis? a. Changes in existing toothpaste sales as a result of new, innovative, toothpaste. b. The opportunity cost of being able to sell a parcel of land instead of building a new project on the same piece of land. c. Research and development costs that are applied to all projects, even though the project does not require R&D. d. Shipping and installation costs.
Which of the following costs would be included in the conversion costs for a cost of production report? A. Direct Labor and Manufacturing Overhead B. Direct Materials, Direct Labor, and Manufacturing Overhead C. Direct Materials D. Manufacturing overhead E. Direct Labor
Benedict Company incurred the following costs. Indicate to which
account Benedict would debit each of the costs.
No.
Transactions
Account
1.
Sales tax on factory
machinery purchased
$ 5,000
select one from the following: Insurance Expense or Land or
Buildings or Equipment or Architect’s Fees or Tax Expense or
Repairs and Maintenance Expense or Advertising Expense or Land
Improvements or Prepaid Insurance
2.
Painting of and lettering on
truck immediately upon purchase
700
select
one from the following: Insurance Expense...
Which of the following would be included in the Inventory account on a merchandising company's balance sheet? O A. advertising costs O B. delivery costs O c. shipping costs from the manufacturer to the merchandising company OD. sales commissions
Building a successful team with positive performance norms would include all of the following EXCEPT Select one A. leaders making individual decisions to avoid conflict. O B. leaders holding regular meetings to discuss ways of improving. O C. leaders acting as positive role models. O D. leaders training new members to adopt desired behaviors. age Next page MacBook Ai F4 &e
Which one of the following should not be included in the analysis of a new product? Select one: A. Increase in accounts receivable needed to finance sales of the new product B. Market value of a machine owned by the firm which will be used to produce the new product C. Money already spent for research and development of the new product D. Reduction in sales for a current product once the new product is introduced E. Increase in accounts...
which of the above costs would be included in merchandise
inventory
a. Purchase price b. Insurance in transit FOB shipping point c. Freight for delivery FOB shipping point d. Repair due to negligence of receiving clerk e. Receiving Department employee salary f. Cost of processing purchase orders Which of the above costs would be included in merchandise inventory?
Flounder Pharmaceuticals purchased land for $160,400 to build its new headquarters. The land has an old building on it. The demolition and removal costs of the old building paid were $20,300 and the recovery of salvaged building materials was $9,700. The cost of clearing, grading and filling is $15,600 and the closing costs are $9,600. Prepare the appropriate journal entry for the land, demolition and other costs assuming the company pays cash. (Credit account titles are automatically indented when the...