On May 19, Snap Repair Service extended an offer of $136,000 for land that had been priced for sale at $155,000. On June 4, Snap Repair Service accepted the seller's counteroffer of $148,000. On October 10, the land was assessed at a value of $222,000 for property tax purposes. On February 5 of the next year, Snap Repair Service was offered $237,000 for the land by a national retail chain.

At what value should the land be recorded in Easy Repair Service's records?

Job 456 was recently completed. the following data have been recorded on its job cost sheet: direct materials $ 2,418 direct labor-hours 74 labor-hours direct labor wage rate $ 13 per labor-hour machine-hours 137 machine-hours the corporation applies manufacturing overhead on the basis of machine-hours. the predetermined overhead rate is $14 per machine-hour. the total cost that would be recorded on the job cost sheet for job 456 would be: multiple choice $3,380 $5,298 $6,138 $2,622