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Crow Co. purchased some of the machinery of Hare, Inc., a bankrupt competitor, at a liquidation sale for a total cost of $33,600. Crow's cost of moving and installing the machinery totaled $3,200. The following data are available: Item-Hares net book value/List price of same item/Appraisers Estimate fair value Punch press-$20,160/$36,000/$24,000 Lathe-16,128/18,000/12,000 Welder-4,032/6,000/4,000
Required: a. Calculate the amount that should be recorded by crow Co. as the cost of each piece of equipment.
during the current year kim incurs the following expenses with respect to her beachfront condominium in hawaiiitems
eestan corporation uses a predetermined overhead rate of 22.30 per direct labor-hour. this predetermined rate was based
at an activity level of 7200 machine-hours in a month falks corporations total variable production engineering cost is
ashley adams and michael rovell formed a partnership in which the partnership agreement provided for salary allowances
a water enterprise fund ef issues 4 million of 5 revenue bonds on october 1 2004. the ef will make its first payment of
What are the steps for decision pricing model that might be taken to ensure an orderly decision process
you purchase a commercial building and lot for 450000 on september 2nd 2012. the lot is estimated to be worth 80000
the following information pertains to sally corporationmiddot the company previously collected 1500 as an
determine the basis of stock in the hands of the shareholder in each of the following instances. assume that the 80
carter co. sells two products arks and bins. last year carter sold 14000 units of arks and 56000 units of bins.
the following data were obtained from a project to design a new software package activity duration predecessors
the lowery co. uses the direct write-off method of accounting for uncollectible accounts receivable. lowery has a
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