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Rottino Company purchased a new machine on October 1, 2014, at a cost of $120,000. The company estimated that the machine will have a salvage value of $13,400. The machine is expected to be used for 10,200 working hours during its 4-year life.Compute the depreciation expense under units-of-activity for 2014, assuming machine usage was 1,800 hours.
excel company has costs of 100000 up to split off. at split off it has 1000 units of product a and 2000 units of
Prepare journal entries to (1) establish the fund on January 1, (2) reim- burse it on January 8, and (3) both reimburse the fund and increase it to $500 on January 8, assuming no entry in part 2.
what are the components of wacc? which component has the most significance in the total? over which component does
motorcade company has three service departments s1 s2 and s3 and two production departments p1 and p2. the following
The actual manufacturing overhead cost for the year was $602,000 and the actual direct labor cost for the year was $456,000. Actual direct labor hours totaled 40,200 and machine hours totaled 79,000. Samli applies overhead based on direct labor ho..
One idea that the consultant had was to reduce prices to bring in more customers. If average prices were reduced ten percent (10%), and the number of sales tickets (unit sales) increased to 7,500, would the company's income be increased? With pric..
In its first month in business, Jones, Inc. sold merchandise to customers on account for $119,800. It collected $72,000 on those sales during the first month and recorded Revenue for the period of $119,800.
california industries has the capacity to produce up to 70000 gadgets per year. at that activity level per unit costs
M estimated that there were 200 vacation days available at December 31, 2009. M's employees earn an average of $150 per day. In its December 31, 2009, balance sheet, what amount of liability for compensated absences is M required to report?
the sales manager of the walbrook company receives an annual bonus of 10 of net income after bonus and before income
The patent had a book value of $35,000. However, the technology covered by the patent appeared to have significant market potential. Thus, the patent was appraised at $280,000.
stone creek manufacturing applies overhead to products at a rate of 75 of direct labor cost. applied manufacturing
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