What portion of the organizational costs will be expensed

Assignment Help Financial Accounting
Reference no: EM131105130

Brunson Corp., a major US winery, begins construction of a new facility in Italy. Following are some of the costs incurred in conjunction with the start-up activities of the new facility:

Production equipment $815,000 Travel costs of salaried employees 40,000 License fees 14,000 Training of local employees for production and maintenance operations 120,000 Advertising costs 85,200 What portion of the organizational costs will be expensed?

Reference no: EM131105130

Questions Cloud

Record the adjusting entry for the provider : Calculations after an end of period stock-take revealed a closing stock (balance) of $5,000. There was an opening balance of $3,000 and during the period $8,800 of supplies were purchased.
Find the number of zeros of the function : Let p be a nonzero polynomial with nonnegative coefficients, ? ⊂ C a bounded open region, ?¯ its closure, and  f: ?¯ → C a continuous function analytic on ?. Prove that the function p(|f(z)|) achieves a maximum on the boundary ∂?. Find the number ..
The optimal production schedule that satisfies the monthly : Suppose that production planning is to be done for the next 5 months, where the respective demands are r1 = 2, r2 = 4, r3 = 2, r4 = 2, and r5 = 3.
Use the eoq model with quantity discounts to determine : Sarah operates a concession stand at a downtown location throughout the year. One of her most popular items is circus peanuts, selling about 200 bags per month.
What portion of the organizational costs will be expensed : Production equipment $815,000 Travel costs of salaried employees 40,000 License fees 14,000 Training of local employees for production and maintenance operations 120,000 Advertising costs 85,200 What portion of the organizational costs will be exp..
What would be synthias cost of factoring the receivables : The fair value of the recourse obligation is $15,000. Assuming all receivables are collected, what would be Synthia's cost of factoring the receivables?
What would they need to limit the material and labor costs : Assuming no direct factory overhead costs (i.e., inventory carry costs) and $3 million dollars in combined promotion and sales budget. Given their product currently is priced at $35.00, what would they need to limit the material and labor costs to?
Prepare a multi-step income statement and a retained earning : Multi-step Income, Retained Earnings) Presented below is information related to American Horse Company for 2004. Prepare a multi-step income statement and a retained earnings statement.
Compute the materials price and usage variances : Compute the materials price and usage variances. Assume that the 0.25 pound per container reduction of materials occurred as expected and that the remaining effects are all attributable to the higher-quality material.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Total payroll of walnut co was 184000 of which 320000

total payroll of walnut co. was 184000 of which 320000 represented amounts paid in excess of 106800 to certain

  What types of costs is the partnership likely to incur

The financial information has been accumulated into an Offering Memorandum that is currently being brokered to investors (for a 6% commission). What types of costs is the partnership likely to incur, and how will those costs be treated?

  This is my situation i own a used car lot i sold and report

this is my situation i own a used car lot i sold and report to department of revenue in sales the amount of 720.000

  Financial accounting is fairly heavily regulated in

financial accounting is fairly heavily regulated in australia. there are numerous corporations act requirements and

  Cost classification into rampd design production marketing

cost classification into rampd design production marketing distribution customer service.classify each cost item of

  What was p and gs pension expense for 2009 for the us

What kind of pension plan does P&G provide its employees in the United States and what was P&G's pension expense for 2009, 2008, and 2007 for the United States?

  What effect on the accounting equation

Which financial statement reports information helpful in assessing working capital and the purchase of office equipment of credit has what effect on the accounting equation?

  Draw the decision tree-set up the opportunity loss table

The owner of a clothing store must decide how many men's shirts to order for the new season. For a particular type of shirt, she must order in quantities of 100 shirts. Furthermore, she must place her order today for the entire season; she cannot wai..

  Position after the proposed stock splityou currently own

position after the proposed stock split.you currently own 100 shares of stock in beverly brothers inc. the stock

  System that consists of an integrated set of computer-based

A system that consists of an integrated set of computer-based and manual components established to collect, store, and manage data and to provide output information to users is a(n)

  Budgeted beginning cash balance

Halabin Inc. is working on its cash budget for May. The budgeted beginning cash balance is $14,000. Budgeted cash receipts total $179,000 and budgeted cash disbursements total $178,000. The desired ending cash balance is $41,000. The excess (deficien..

  Illustrate what is net realizable value of sanchez company

Prepare the journal entry for Sanchez Company to write off the Maximillan receivable. Illustrate what is the net realizable value of Sanchez Company’s accounts receivable before the write-off of the Maximillan receivable?

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!

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