Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
A machine costing $208,800 with a four-year life and an estimated $16,000 salvage value is installed in Luther Company’s factory on January 1. The factory manager estimates the machine will produce 482,000 units of product during its life. It actually produces the following units: year 1, 123,000; year 2, 123,600; year 3, 121,400; and year 4, 124,000. The total number of units produced by the end of year 4 exceeds the original estimate—this difference was not predicted. (The machine must not be depreciated below its estimated salvage value.) Compute depreciation for each year (and total depreciation of all years combined) for the machine under each depreciation method.
In 2014, X Company's revenue was $224,550, its total variable costs were $85,050, and its fixed costs were $85,500. Assume that the revenue and variable cost relationships continue in 2015, but fixed costs increase by 19%. If the tax rate is 40%, wha..
The concept of relevance is critical to properly applying managerial accounting tools. As a practical matter, it is easier to understand than it is to apply. Think back on your own experiences, and discuss an instance where you failed to properly ..
jane collier james taye and steve allwine each own one-third of the common stock of tasty treats and beverages. the
Assess and discuss the criteria and procedures involved in accounting changes and error analysis. What are the major reasons why companies change accounting methods? Explain the three approaches that have been suggested for reporting changes in accou..
What is ABC's annual effective rate of interest and what is the MNO's annual effective rate of interest
The AR clerk them uses the payment stub to enter the payments into the computer where the AR master data is updated to record the payment.
Maplewood Co. uses process costing to account for the production of canned energy drinks. Direct materials are added at the beginning of the process and conversion costs are incurred uniformly throughout the process. Beginning inventory consisted of ..
Prepare journal entries to record the above inventory and the following events related to the estate principal and income: Final medical and funeral expenses of $22,000 are paid.
The franchise arrangement between McDonald's and its franchisees is summarized
How would you use CVP analysis to develop a budget? Elaborate using examples. How can the sales department use the CVP tool when analyzing customer profitability?
Preparing a bank reconciliation and journal entries. Accounting for uncollectible accounts using the allowance method. Accounting for uncollectible accounts using the allowance method
Explain the possible causes for direct materials price and direct materials usage variances. Who in the organization normally has influence over or responsibility for these variances?
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd