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satela [25.4K]
3 years ago
9

Holiday Laboratories purchased a high-speed industrial centrifuge at a cost of $420,000. Shipping costs totaled $15,000. Foundat

ion work to house the centrifuge cost $8,000. An additional water line had to be run to the equipment at a cost of $3,000. Labor and testing costs totaled $6,000. Materials used up in testing cost $3,000. The capitalized cost is:
Business
1 answer:
Reil [10]3 years ago
3 0

Answer:

The correct answer to the following question is $455,000 .

Explanation:

For calculating the capitalized cost here all the cost given in the question would be included because all the given cost are incurred by the holiday laboratories to make the asset ready for use. Thus -

High speed industrial centrifuge

                +

Shipping cost

                +

Foundation work

                 +

Equipment cost

                  +

Labor and testing cost

                  +

Material cost

= $420,000 + $15,000 + $8000 + $3000 + $6000 + $3000

= $455,000

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Read 2 more answers
Ash, Inc., has declared a dividend of $6.30 per share. Suppose capital gains are not taxed, but dividends are taxed at 20 percen
alexira [117]

Answer:

$89.41

Explanation:

Data provided in the question:

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Tax rate = 20%

Selling price of the stock = $94.45

Now,

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= $5.04

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or

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8 0
3 years ago
Steven's Battery Company has two service departments, Maintenance and Personnel. Maintenance Department costs of $320,000 are al
inna [77]

Answer:

From maintenance to department B will be allocated 85,333 dollars

Explanation:

We distribute maintenance over personnel and operating and then,

we distributed the accumulated in personnel over the operating department:

\left[\begin{array}{cccccc}&Maintenance&Personnel&Dep A&Deb B\\$maintenance-hours&&800&960&640\\$employes&&&160&480\\$Direct \: Cost&320,000&80,000&160,000&240,000\\$Allocate A&-320,000&106,667&128,000&85,333\\$Subtotal&&186,667&288,000&325,333\\$Allocate J&&-186,667&46,667&140,000\\$Total&&&334,667&465,333\\\end{array}\right]

<em><u>For the given question it would be:</u></em>

total maintenance-hours: 800  + 960 + 640 = 2,400

<u>allocation of maintenance:</u>

320,000 x   640/2400 = 85,333

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3 years ago
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e-lub [12.9K]

Answer:

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A) product placement

B) direct mail

C) to commercial

D) sampling

The correct answer is: A) product placement.

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Product placement is a hotly contested form of advertising that can be very effective when used well, involves donating or receiving money in exchange for your product being featured on a TV show, in movies, or even in paparazzi photographs.

8 0
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