User Account

All Pages

What is the net advantage of re-working the keyboard

Assignment Help Financial Accounting
Reference no: EM132499844

Point 1: The Manassas Company has 55 obsolete keyboards that are carried in inventory at a cost of $9,600. If these keyboards are upgraded at a cost of $6,500, they could be sold for $18,400. Alternatively, the keyboards could be sold "as is" for $7,100.

Question 1: What is the net advantage or disadvantage of re-working the keyboards?

Reference no: EM132499844

Questions Cloud

What price should be charged : A company has $6.10 per unit in variable costs,If the company marks up total cost by 0.42, what price should be charged if 56,000 units are expected to be sold?
What amount of shipping department costs should be allocate : During the period, the Far East sales office generated 677, What amount of shipping department costs should be allocated to these sales?
Calculate the acquisition cost of the gizmo machine : Calculate the acquisition cost of the Gizmo Machine that will be used as the base for future depreciation charge. Will the maintenance cost be
Describe actions aetna could take to accomplish implication : Discuss the relationship between the two and describe three specific actions Aetna could take to accomplish the diversity implication. Include at least one.
What is the net advantage of re-working the keyboard : What is the net advantage or disadvantage of re-working the keyboards? The Manassas Company has 55 obsolete keyboards that are carried in inventory
How much of the accounting department costs will be allocate : How much of the accounting department costs will be allocated to the production? Sasha Company allocates the estimated $188,100 of its accounting
Prepare the income statement through gross profit : Prepare the income statement through gross profit, assuming inventory on hand at April 30 is $4,263. Prepare the trial balance on April 30, 2017.
How are equity compensation plans affected : How are equity compensation plans affected when used as incentive compensation with employees from different countries in an MNE? What are common international
What direct and indirect costs associated with business : What type of overhead expenses do you or will you have? What type of equipment and supplies do you use, or will you need, and how will you record

Reviews

Write a Review

Financial Accounting Questions & Answers

  What was the annual amount of depreciation

Equipment acquired on January 3, 2005, at a cost of $147,500, has an estimated useful life of eight years and an estimated residual value of $ 17,500.

  Treated as qualifying stock redemption

Indigo Corporation wants to transfer cash of $150,000 or property worth $150,000 to one of its shareholders, Linda, in a redemption transaction that will be treated as a qualifying stock redemption. If Indigo distributes property, the corporation wil..

  Warranties and loss contingencies

(Warranties and Loss Contingencies) The following two independent situations involve loss contingencies. Part 1: Benson Company sells two products, Grey and Yellow. Each carries a 1-year warranty. 1.Product Grey—Product warranty costs, based on past ..

  Draw up the books of accounts

Rex Bendall starts an agricultural fencing business. Wellworth Fencing. with £50.000 capital which he has inherited.- Draw up the books of accounts.

  The financial statements are interrelated

The financial statements printed by Peachtree reflect month-to-date amounts only. The financial statements are interrelated. The term standard refers to financial statements that are designed by the company. Bellwether Garden Supply showed a net loss..

  How does eva differ from residual income

How does EVA differ from residual income? When would you advise a firm to use direct intervention to set transfer prices? What are the disadvantages of such a practice?

  Estimate the companys inventory as of july 23

On July 23, the company's inventory was destroyed in a hurricane-related flood.- Estimate the company's inventory as of July 23 using last year's gross profit percentage.

  What is the present value of the gift

If a nephew anticipates a $250,000 gift from a wealthy uncle in five years, what is the present value of the gift if the discount rate is 6%?

  Discuss the impact that other factors might have

Discuss the impact that other factors might have. For example, would increasing the quantity of inventory increase costs? Would a salary cut affect employee morale? Would decreased morale affect sales?

  Show the journal entries on 1 jan x1

Show the journal entries on 1 Jan x1, 30 June x1, 30 June x2, 31 Dec x2 to record the transactions (no narrations required). The year end is 30 June.

  Identify and analyze the adjustment

For each of the preceding situations, identify and analyze the adjustment to be recorded on December 31, 2014.

  Five transactions below for hennigan rentals

Problem: Use the five transactions below for Hennigan Rentals to answer the questions that follow.

Free Assignment Quote

Assured A++ Grade

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd