Answered

Discover the answers you need at Westonci.ca, a dynamic Q&A platform where knowledge is shared freely by a community of experts. Get quick and reliable solutions to your questions from knowledgeable professionals on our comprehensive Q&A platform. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.

A firm is deciding whether or not to complete the building of a new office.
Given the following data, what is the relevant cost of building an office building?
1. $10 million has been spent to date.
II. The partially completed building and land can be sold for $4 million.
III. Additional labor and material necessary to complete the office building costs $5 million.

Sagot :

The relevant cost of building an office building is $9 million.

  • The calculation of the relevant cost of building an office building is as follows:

= Sale value of partially completed building and land + additional labor & material required

= $4 million + $5 million

= $9 million

Therefore we can conclude that the relevant cost of building an office building is $9 million.

Learn more about the building here: brainly.com/question/24285028

We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. We're glad you visited Westonci.ca. Return anytime for updated answers from our knowledgeable team.