1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Mashutka [201]
3 years ago
8

An improvement made to a machine increased its fair value and its production ca capacity by 25% without extending the machine's

useful life. The cost of the improvement should be:___________ a) allocated between accumulated depreciation and the machine account. b) capitalized in the machine account c) expensed d) debited to accumulated depreciation.
Business
1 answer:
aliya0001 [1]3 years ago
5 0

Answer: B. Capitalized in the machine account

Explanation:

To capitalized an equipment or asset in this case a machine, is to put the equipment on the balance sheet of expensing. When a piece of equipment is bought for $500 , rather than to report it as a $500 expense immediately, it will be listed in the balance sheet as a $500 asset.

The machine in this case the machine increased it production capacity by 25% without expanding its useful life, the cost of improvement is " capitalized in the machine account ".

You might be interested in
What are two key takeaways from using auto-drafting to pay your bills?.
Maslowich

The two key takeaways from using auto-drafting to pay your bills are:

  • Payment is faster.
  • There is less hassle making payments for multiple bills.

<h3>What is Auto Drafting?</h3>

This refers to setting up of periodic payments for a particular set of bills which deducts an amount from a checking account.

Some of the advantages of making use of auto-drafting to pay your bills includes:

  • Easier automatic payment.
  • Ability to avoid late payments.
  • No need to set reminders, etc

Read more about auto drafting here:
brainly.com/question/24579126

4 0
2 years ago
The flowtime of the last job in a single work center’s schedule is 7 days. What is the makespan of this schedule?
White raven [17]

Answer:

7 days

Explanation:

Makes-pan means the time it takes to complete a schedule. Last job took 7 days to complete and it was a single job, which means its makes-pan was 7 days as well.

8 0
3 years ago
Assume that Corn Co. sold 7,600 units of Product A and 2,400 units of Product B during the past year. The unit contribution marg
Afina-wow [57]

,Answer: a. 9,450 units

Explanation:

You need to find the weighted average contribution margin for both products.

Product A

Weighted average contribution margin = Contribution margin * Units sold / Total units sold

= 34 * 7,600 / (7,600 + 2,400)

= $25.84

Product B

= 59 * 2,400 / 10,000

= $14.16

Breakeven point in units = Fixed costs/ (Weighted average contribution margin of both A and B)

= 378,000 / (25.84 + 14.16)

= 9,450 units

5 0
3 years ago
Cecelia’s government provides for her basic needs. In return, Cecelia works in the factory downtown, as she always has since the
Sergeeva-Olga [200]
The correct option is B. In this type of economy the government has total control over allocation of all resources. <span />
8 0
3 years ago
Read 2 more answers
A category that is not in the chart of accounts is
Lera25 [3.4K]

Let's look at the Accounting Equation = Assets = Liabilties + Stockholders' Equity

For most businesses, their chart of accounts will include Current Assets (or Short Term Assets) as well as Long Term Assets. An example of a current asset if cash, and a building is a long term asset.

Short term and long term Liabilities are also included too - money you owe. A Note Payable is a long term example, Interest Payable is a short term one.

Stockholders' Equity is one too - these include your stocks, your retained earnings.

But, expect for Retained Earnings, the names of your <em>statements </em>are not. So "Balance Sheet" is not a category, nor is "Cash Flows Statement".

6 0
3 years ago
Read 2 more answers
Other questions:
  • A competitive advantage exists when a
    13·1 answer
  • Based on the following data for the current year, what is the number of days' sales in inventory (rounded to one decimal place)?
    6·1 answer
  • Harry's Pepperoni Pizza Parlor produced 10,000 large pepperoni pizzas last year that sold for $10 each. This year Harry's again
    9·1 answer
  • To maintain a good​ relationship, one party in a conflict may sacrifice their position for the good of the organization. This co
    11·1 answer
  • Linburgh Inc manufactures model airplanes and repair kits. The planes account for 80% of the sales mix, and the kits the remaind
    6·1 answer
  • If a compound sentence is joined using a conjunction, what punctuation mark is used with the conjunction to join the clauses?
    7·2 answers
  • Given the following list of accounts, calculate Total Assets:Accounts Receivable $ 10,000 Capital Stock 20,000 Cash 25,300 Equip
    6·1 answer
  • What is the maximum amount a firm should pay for a project that will return $15,000 annually for 5 years if the opportunity cost
    12·1 answer
  • When coffee Is traded between countries it is called a________.
    12·1 answer
  • The comparative balance sheets of Greenvale Games, Inc. show a net decrease in unexpired insurance of $400 and a net decrease in
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!