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Sara Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $67,000. The machine's useful life is estimated at 10 years, or 420,000 units of product, with a $4,000 salvage value. During its 1st year, the machine produces 25,000 units of product and during its 2nd year, it produces 29,900 units of product.Determine the machine's 1st and 2nd year depreciation using the straight-line method.
the company is considering replacing its traditional costing system with an activity-based costing system that would
a what amount of bad debts expense will schellhamer company report if it uses the direct write-off method of accounting
we bake perfect pies company makes fruit pies using a process cost system. the dough is made in the mixing department
1 an investor purchased 500 shares of common stock 25 par for 21750. subsequently 100 shares were sold for 40.50 per
Indicate the division of net income to each partner, and prepare the entry to distribute the net income.
a neighborhood restaurant opens for lunch only and has a menu limited to five meals. the history of each menu item
you and your friends go to a restaurant as a group. at the end of the meal the issue arised of how the bill for the
lagreca company uses the lower of cost or market method on an individual-item basis in pricing its inventory items. the
macgregor industries has fixed costs are 597600. macgregor industries sales mix is 5 units of a 3 units of b and 1 unit
Which method is generally accepted? Why do you think this method is generally accepted? Explain your position.
cook company estimates that 344900direct labor hours will be worked during the coming year 2014 in the packaging
prepare amonthly flexible selling expense budget for prater company for sales volumes of 250000 440000 and 770000 based
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