Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Lugano's Pizza Parlor is considering the purchase of a large oven and related equipment for mixing and baking "crazy bread." The oven and equipment would cost $120,000 delivered and installed. It would be usable for about 15 years, after which it would have a 10% scrap value. The following additional information is available:
a. Mr. Lugano estimates that purchase of the oven and equipment would allow the pizza parlor to bake and sell 72,000 loaves of crazy bread each year. The bread sells for $1.25 per loaf.
b. The cost of the ingredients in a loaf of bread is 40% of the selling price. Mr. Lugano estimates that other costs each year associated with the bread would be as follows: salaries, $18,000; utilities, $9,000; and insurance, $3,000.
c. The pizza parlor uses straight-line depreciation on all assets, deducting salvage value from original cost. (Ignore income taxes.)
your client general television inc. manufactures televisions and during the current year acquired micro engineering
lopez company began operations on january 1 2010. during its first two years the company completed a number of
determine the income participation of wyatt and truett according to each of the five assumptions as to income division
In addition, she incurs related legal fees of $75,000. Determine the amount that Mercedes can deduct, and classify it as a deduction for or adeduction from AGI.
Ikerd was entering the United States from a trip abroad when the Customs Service confiscated some goods she had purchased and brought back with her. The determination of whether the government is attempting to take property and what type of hearin..
basil company a cash-basis taxpayer had the following activity during 2013 sales in 2013 uncollected 40000 sales in
discuss why it is necessary for accountants to assume that an economic entity will remain a going concern. if an entity
mellilo corporation issued 6000000 of 20-year 9.5 percent bonds on july 1 2011 at 98. interest is due on june 30 and
The remainder of the fixed selling and administrative expense represents current cash flows. The cash disbursements for selling and administrative expenses on the March selling and administrative expense budget should be:
During 2010, Hopkins purchased $760,000 of raw materials, incurred direct labor costs of $100,000, and incurred manufacturing overhead totaling $128,000. How much is total manufacturing costs incurred during 2010 for Hopkins?
a fleet of refrigerated delivery trucks is acquired on january 5 2009 at a cost of 1200000 with an estimated useful
The unassembled bikes are sold to retailers at $400 each. Prepare an incremental analysis for n the sell-or-process further decision
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd