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1. Depreciation Computations-Five Methods Wenner Furnace Corp. purchased machinery for $279,000 on May 1, 2010. It is estimated that it will have a useful life of 10 years, salvage value of $15,000, production of 240,000 units, and working hours of 25,000. During 2011 Wenner Corp. uses the machinery for 2,650 hours, and the machinery produces 25,500 units. From the information given, compute the depreciation charge for 2011 under each of the following methods. (Round to the nearest dollar)
(a) Straight-line.(b) Units-of-output.(c) Working hours.(d) Sum-of-the-years'-digits.(e) Double-declining-balance.
1. Why is a random variable said to be "random"? 2. Indicate whether each of the following random variables is discrete or continuous. a. The diameter of aluminum rods coming off a production line
Ted is the sole shareholder of a C corporation, and Sue owns a sole proprietorship. Both businessed were started in 2010, and each business sustained a $5,000 net capital loss for the year. Which of the following statements is correct?
on january 1 2013 zebra corporation issued 1300 of its 10 1000 bonds at 98.5. interest is payable semiannually on
The funded status of Hilton Paneling Inc.'s defined benefit pension plan and the balances in prior service cost and the net gain-pensions, are given below.
marlow company uses a perpetual inventory system. it entered into the following calendar-year 2009 purchases and sales
Compute the amount of net sales and determine how much cash was collected from sales.
Rescue Sequences, LLC, purchased inventory by issuing a $12,000, 10%, 60 day note on October 1.
Consider the following two queueing systems. System 1: An MM1 system with arrival rate and service rate 3µ
A Company produces and sells three products (A,B,C). The following data relate to the three products.
assume for this part onlythat none of the 800 insurance expense had expired during theyear. instead assume it is a
1.Air France KLM (AF), a French company, prepares its financial statements according to International Financial Reporting Standards.
on july 31 2010 bismarck company engaged duval tooling company to construct a special-purpose piece of factory
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