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Sacred heart hospital purchased a $150,000 special radiology scanner from hospital supply inc. The scanner has a useful life of 5 years and will have no disposal value at the end of its useful life. The straight-line method of depreciation is used on this scanner. Annual operating costs with this scanner are $125,000. Approximately one year later, the hospital is approached by Harmon technology salesperson who indicates that purchasing the scanner in 2012 from Hospital supply, Inc was a mistake.
The salesperson points out that harmon has a scanner that will save the hospital $30,000 a year in operating expenses over its 4 year useful life.The new scanner will cost $140,000 and has the same capabilities as the scanner purchased let year. The hospital agrees that both scanners are of equal quality. The new scanner will have no disposal value. The Harmon salesperson agrees to buy the old scanner for sacred heart hospital for $30,000. Instructions: use the incremental analysis, determine if sacred heart hospital should purchase the new scanner
russell preston delivers parts for several local auto parts stores. he charges clients 0.75 per mile driven. russell
a) prepare the journal entries for Myers Co. for 12/31/2010 b) Prepared the required journal entries for for Myers for 2011.
In connection with the issue of bonds at a premium or a discount, what does the term carrying value of bonds mean? What would the carrying value be at maturity date?
Provide the journal entry for the periods payroll - payroll register of Russert Construction
The marketing vice president feels that if the company increased its advertising, sales could be increased by 25%. What is the maximum increased advertising cost the company can incur and still report the same income as before the advertising expe..
diego company manufactures one product that is sold for 80 per unit in two geographic regionsthe east and west regions.
lagerfield company reported the following results from the sale of 4220 hammers in may sales 198340 variable costs
Delmar's forklift cost $33,600, had accumulated depreciation of $27,600, and has a fair market value of $3,600. Hamilton's forklift cost $25,200, had accumulated depreciation of $21,600, and has a fair market value of $3,600.
Reisner Company assembled the following information in completing its March bank reconciliation: balance per bank $11,460; outstanding checks $2,325; deposits in transit $3,750; NSF check $240; bank service charge $75;
Management estimates that it costs $500 to analyze and close a commerical loan. This amount has been included in the $250,000 of inderict costs. How much of the $250,000 indirect costs should be allocated to the Consumer Department?
58 Nicole, a calendar year individual, owns 30%of Creole Cravings,inc,. a C corporation that was formed on February 1,2011. She receives a $5000 monthly salary from the corporation, and Creole cravings generates $200000 of taxable income (after ac..
Explain/discuss the value of the stage-gate process of new product development-What is a project charter and a contract book? Explain/discuss their purpose and how they are related to each other?
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