Acompany incurred the following costs associated with the purchase of a piece of land that it will use to re-build an office building: purchase price of the land $ 600,000 sale of salvaged parts already on land $ 22,000 demolition of the old building $ 34,000 ground-breaking ceremony (food and supplies) $ 3,000 land preparation and leveling $ 8,200 what amount should be recorded for the purchase of the land?

Which of the following statements is true of unsought products? as compared to convenience products, unsought products are purchased more frequently. unsought products are consumer products and services that customers usually buy frequently, immediately, and with minimal comparison and buying effort. a life insurance policy is an example of an unsought product. unsought products have strong brand identification for which a significant group of buyers is willing to make a special purchase effort. unsought products are those products purchased for further processing or for use in conducting a business.