Answer: Apply the same depreciation methods and the same useful lives among similar groups of assets
Explanation:
US GAAP for long-lived assets significantly impedes rate-of-return that is, the annual income from an investment which is being expressed as a proportion of the original investment comparisons across companies unless the firms apply the same depreciation methods and also the same useful lives are applied among identical groups of assets.
 
        
             
        
        
        
Answer:
$1,025.299
Explanation:
The formula for compound interest is 
FV = PV × (1+r)^ n
Where Fv is the future value
Pv is the present value = $1000
r is interest rate = 1/2 %  or 0.5% per year
n is five years
interest is compounded quarterly,  
Interest per quarter = 0.5% /4 = 0.125%  which is 0.00125
n will be 5 years x 4 quarters = 20 periods
Fv= $1000 x (1 +0.00125)^20
Fv =$1000 x(1.00125)^20
Fv= $1000 x 1.025299
Fv = $1,025.299
 
        
             
        
        
        
Answer and Explanation:
Given:
                                  Product 1      Product 2         Product 3
Cost of product         $20                 $90                 $50
Selling price              $40                 $120                $70
Selling cost                $6                    $40                 $10
Computation:
                                            Product 1      Product 2         Product 3
Product Cost                         $20                 $90                 $50
N.R.V                              ($40-$6)=$34  ($120-$40)=$80  ($70-$10)=$60
Per Unit Inventory Value      $20                 $90                 $50
 
        
             
        
        
        
Answer:
Instructions are listed below
Explanation:
Giving the following information:
Estimates: 
Direct labor-hours required to support estimated output 18,000.
Fixed overhead costs $ 198,000.
Variable overhead cost per direct labor-hour $ 1.00
A) overhead rate= (fixed + variable cost)/direct labor hour
Overhead rate= (198000 + 1*18000)/18000= 12
B) Direct materials $ 719 
Direct labor cost $ 177 
Direct labor-hours used 7 
Manufacturing overhead= $1* 7= $7
 
        
             
        
        
        
Answer:
73 months
approximately 6 years
Explanation:
The period of time it would take to pay off the loan can be determined using excel nper function as below:
=nper(rate,pmt,-pv,fv)
rate is the interest expressed in monthly terms which is 15.3%/12
pmt is the amount payment per month i.e $90
pv is the amount of loan which is $4250
fv is the balance of the loan after all payments have been made i.e $0
=nper(15.3%/12,90,-4250,0)= 73 months
73 months/12 months=approximately 6 years