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Question - The person who solved it used the residual value after 5 years as cost of equipment rather than the total cost indicated in the question, why is this?
The question states that the cost of equipment is 34,500,000
Depreciation will be over 7 years straight line to zero
Value of Equipment after 5 years will be 5,500,000
How should depreciation be calculated?
How many equivalent units in process for conversion were there in December using the weighted average method?The information is available
If Direct Materials costs were $170,000 and Direct Labour costs were $85,000, what would the total manufacturing costs for the year be on December 31st?
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Provide Dr. Czeslaw Gulnaz with a robust definition of corporate governance and a brief explanation of what you understand corporate governance to be.
Extra Company has offered to purchase 3,000 IT-54s at $16 each. Which of the correctly notes the change in income if the special order is accepted?
The equipment costs $50,900, and will have a salvage value of $5,010 after eight years. What is the present value of the salvage value
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