Answer: The defender must be analyzed using a first cost of _____$12,000______ and a salvage value of _____$6,000_______ for ____5______ years. The challenger must be analyzed using a first cost of ____$95,000______ and a salvage value of _____$15,000_____ for _____15____ years.
Explanation:
The defender would first be analyzed using the first cost of the machine which was $12,000 and it salvaged value of $6,000 for a periodic of 5years.
While the challenger would be analyzed using using a first cost of $95,000 and a salvaged value of $15,000 over a period of 15years.
Answer:
The marginal cost will most likely increase to $2.00
Answer:
EU materials: 434.040
EU conversion: 412,632
Explanation:
W/a method count the complete units plus the percnetage of completion in the ending work in process intventory.
Materials:
transferred-out (completed) 411,000
ending WIP inventory
32,000 x 72% = 23,040
Equivalent untis materials: 434.040
Conversion:
transferred-out (completed) 411,000
ending WIP inventory
32,000 x 51% = 1,632
Equivalent untis conversion: 412,632
A) Effectiveness.
That is the most important aspect to measure.
Answer:
The statute of limitations is as indicated for different cases:
a: Fraud: The statute of limitations remains open.
b:Disallowance of tax deduction items: The assessment is made within three years from the later date of tax filing or due date.
c: The omission of rental income that is equal to greater than 25% of the taxpayer's reported gross income: A six year statute of limitation is applicable.
Explanation:
The statute of Limitations for the following cases are
a. Fraud (e.g., failure to file a tax return)
In this case the statute of Limitations indicate that <em>The statute of limitations remains open indefinitely if a fraudulent return is filed or if no return is filed at all.</em>
b. Disallowance of tax deduction items
In this case the statute of Limitations indicate that <em>The general rule for the disallowance of tax deduction items is that an assessment may be made against the taxpayer within three years from the later of the date the tax return was filed or its due date.</em>
c:The omission of rental income that is equal to greater than 25% of the taxpayer's reported gross income
In this case the statute of Limitations indicate that <em> A six year statute of limitations applies if the taxpayer omits an item of gross income that is in excess of 25% of the gross income that is reported on the return.</em>
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