On March 1, 2022, Pharoah Company acquired real estate, on which it planned to construct a small office building, by paying $87,000 in cash. An old warehouse on the property was demolished at a cost of $8,900; the salvaged materials were sold for $3,900. Additional expenditures before construction began included $2,200 attorneyâs fee for work concerning the land purchase, $5,400 real estate brokerâs fee, $8,200 architectâs fee, and $14,200 to put in driveways and a parking lot. Required:
Determine the amount to be reported as the cost of the land.

In allentown, pennsylvania, in the summer of 2014, the average price of a gallon of gasoline was $3.68long dasha 22-cent increase from the year before. many consumers were upset by the increase. one was quoted in a local newspaper as saying, "it's crazy. the government should step in." source: sam kennedy, "valley feeling pain at the pump," (allentown, pa) morning call, june 21, 2014. suppose the government had stepped in and imposed a price ceiling equal to old price of $3.46 per gallon. a. using the line drawing tool, draw and label the price ceiling. carefully follow the instructions above, and only draw the required object.

Harwood company uses a job-order costing system that applies overhead cost to jobs on the basis of machine-hours. the company's predetermined overhead rate of $2.50 per machine-hour was based on a cost formula that estimates $240,000 of total manufacturing overhead for an estimated activity level of 96,000 machine-hours. required: 1. assume that during the year the company works only 91,000 machine-hours and incurs the following costs in the manufacturing overhead and work in process accounts: compute the amount of overhead cost that would be applied to work in process for the year and make the entry in your t-accounts. 2a. compute the amount of underapplied or overapplied overhead for the year and show the balance in your manufacturing overhead t-account. 2b. prepare a journal entry to close the company's underapplied or overapplied overhead to cost of goods sold.

How do communism and socialism differ in terms of the role that government plays in the economy ?