Ben and amanda are interested in a vacant, undeveloped lot. they are going to continue to live in their current home, pay off the lot's loan, and then build a new home on the lot. before closing on the purchase of the lot, they discover the zoning regulations permit nightclubs to be built in the immediate area. they specifically asked the broker about this issue and were told there was no reason to worry. what are ben and amanda's options, if any?

Mesa company produces wooden rocking chairs. the company has two production departments, cutting and assembly. the wood is cut and sanded in cutting and then transferred to assembly to be assembled and painted. from assembly, the chairs are transferred to finished goods inventory and then are sold. mesa has compiled the following information for the month of february: cutting department assemblydepartmentdirect materials $ 73,000 $ 13,000direct labor 73,000 108,000applied manufacturing overhead 159,000 171,000cost of goods completed and transferred out 233,000 255,000required: 1, 2, 3, & 4. prepare journal entries for the transactions in the cutting and assembly departments of mesa company. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field.)