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Question - Marigold Corp. purchased a new machine on October 1, 2022, at a cost of $116,000. The company estimated that the machine will have a salvage value of $11,000. The machine is expected to be used for 10,000 working hours during its 5-year life. Compute the depreciation expense under declining-balance using double the straight-line rate for 2022 and 2023.
Annual sales are estimated to be 5000 units at a price of $69 per unit. Calculate the annual implications after tax
The adjusted trial balance for PI Detectives reported the following account balances: Accounts Receivable $520; Supplies $9,200; Prepaid Insurance $7,400.
Que trades that land for a new piece of land worth $26,000. The other party buyer assumes Que's mortgage. How much if any gain does Que realize on the swap?
johannes corporation uses a budgeted factory overhead rate to apply overhead to production. direct labor costs are the
The unit cost is R280. Calculate out EOQ and Total Inventory Cost under both plans. Recommend which Plan would result in the lowest total inventory cost
Interest is payable on December 31 of each year. Find the carrying value of the bond liability on the December 31, Year 3 balance sheet
Question - Consider the following scenario: Direct Labour Accrual reversed 01/07/14 $1,400. What the direct labour cost for the year
Determine the overall manner in which variation has affected your activities. Explain what is variation and the importance of the standard deviation
Increase in obligation during the year due to changes in actuarial assumptions 120,000. How much is the defined benefit cost
Jhoslen traded in office equipment with an adjusted basis of $20,000 (and value of $40,000) for other (like - kind) office equipment then valued at $35,000. Jhoslen also received $5,000 in cash as part of the deal. What was Jhoslen's recognized..
true or false1. the net present value of a project will be negative if the required rate of return is greater than the
Simon Corporation (a calendar-year corporation) purchased and placed in service a new automobile costing $69,000. What is Simon Corporation adjusted basis
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