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Benson Co. is considering disposing of a machine with a bookvalue of $125,000 and estimated remaining life of five years. Theold machine can be sold for $15,000. A new high-speed machine canbe purchased at a cost of $250,000. It will have a useful life offive years and no residual value. It is estimated that variablemanufacturing costs will be reduced from $260,000 to $235,000 ifthe new machine is purchased. The annual net differential increaseor decrease in cost for the new equipment is?
a contracting company has been awarded a contract for reshaping and leveling 10 miles of a gravel road. for a 2-mile
during the year royal repaid existing debt of 223785 and raised additional debt capital of 642062. it also repurchased
In a recent annual report, Apple Computer reported the following in one of its disclosure notes: "Warranty Expense: The Company provides currently for the estimated cost for product warranties at the time the related revenue is recognized." This n..
a local bakery main street bakery produces and sells to a national grocery chain five varieties of pastry muffin tops
Cost-volume-profit analysis assumes all of the following EXCEPT: a. total variable costs remain the same over the relevant range b. units manufactured equal units sold c. all costs are variable or fixed
crystal telecom has budgeted the sales of its innovative mobile phone over the next four months as followssales in
in producing Division 3's product are currently purchased from outside suppliers at a cost of $5 per unit. However, the same materials are available from Division 6. Division 6 has unused capacity and can produce the materials needed by Divisi..
Your father runs a small auto body shop. He has decided to computerize his records and has asked you to explain the basics of accounting to him so that he can enter the data into his accounting software.
Marge's auto, which is used for business purposes only, is totally destroyed by a fire. The fair market value of the auto was $8,000 at the time of the fire and the adjusted basis was $10,000. Calculate the loss, and determine whether it is a ..
You note that the carload was shipped December 24 from Albuquerque, f.o.b. Albuquerque, and that the total invoice price of the goods in the car was $35,300. The freight bill called for a payment of $1,500. Terms were net 30 days. The bookkeeper a..
the following information was made available from the income statement and balance sheet of lauren company.item 123110
Bell company is concsidering the disposal of equipment that is no longer needed for operations. the equipment originally cost $500,000 and accumulated depreciation to date totals $360,000.
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