Question
The following table specifies the expansion expenses for a business: \[ \begin{array}{l}\text { Expansion Expenses } \\ \text { Product Growth: } \\ \text { Focus Groups: } 50 \text { people @ } \$ 175 \text { per person } \\ \text { Inventory Expenses: } 30 \% \text { on } \$ 210,000 \text { value } \\ \text { New Equipment: } \$ 220,000 \\ \text { Building Growth: } \\ \text { Architect Cost: } \$ 18,000 \\ \text { Attorneys: } \$ 58,000 \\ \text { Bankers: } \$ 115,000\end{array} \] Calculate the building growth costs of expansion. Costs \( =\$[?] \)
Ask by Vega Gray. in the United States
Feb 03,2025
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Answer
The building growth costs of expansion are \$191,000.
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To calculate the building growth costs of expansion, we need to sum up the costs specifically associated with that category: 1. Architect Cost: \$18,000 2. Attorneys: \$58,000 3. Bankers: \$115,000 Now, let's add these values together: \[ \text{Total Building Growth Costs} = 18,000 + 58,000 + 115,000 = 191,000 \] Thus, the building growth costs of expansion amount to: Costs \( = \$191,000 \)
