Blue service center just purchased an automobile hoist for

Assignment Help Accounting Basics

Reference no: EM13590294

Blue Service Center just purchased an automobile hoist for $35,000. The hoist has an 8-year life and an estimated salvage value of $3,000. Installation costs and freight charges were $3,300 and $700, respectively. Blue uses straight-line depreciation. The new hoist will be used to replace mufflers and tires on automobiles. Blue estimates that the new hoist will enable his mechanics to replace 5 extra mufflers per week. Each muffler sells for $72 installed. The cost of a muffler is $36, and the labor cost to install a muffler is $12. Compute the cash payback period for the new hoist.

Reference no: EM13590294

Questions Cloud

Blue service center just purchased an automobile hoist for : blue service center just purchased an automobile hoist for 35000. the hoist has an 8-year life and an estimated salvage

Paul bunyon lumber co produces several products that can be : paul bunyon lumber co. produces several products that can be sold at the split-off point or processed further and then

A 600 kg bowling ball is rolling at 900 ms it collides with : question a 6.00 kg bowling ball is rolling at 9.00 ms. it collides with a 1.50 kg bowling pin at rest. after the

What position is equivalent to a long forward contract to : what position is equivalent to a long forward contract to buy an asset at k on a certain date and a put option to sell

Blue service center just purchased an automobile hoist for : blue service center just purchased an automobile hoist for 35000. the hoist has an 8-year life and an estimated salvage

The bonmatin corporation produces all types of bowling : the bonmatin corporation produces all types of bowling balls. the bowling ball division is currently producing 3750

You throw a 4 kg ball against a brick wall it hits the wall : you throw a .4 kg ball against a brick wall it hits the wall moving left at 30 ms and rebounds to the right at 20 ms.

Derek company gathered the following reconciling : derek company gathered the following reconciling information in preparing its september bank reconciliation cash

What price change would lead to a margin call under what : an investor enters into two long july futures contracts on orange juice. each contract is for the delivery of 15 000

User Account

All Pages