Answer:
D. $8,000 and $70,000
Explanation:
Data provided as per the question:-
Old machine = $62,000
New machine = $70,000
The computation of recognized gain or loss is shown below:-
Realized gain = New machine - Old machine
= $70,000 - $62,000
= $8,000
Therefore, for computing the realized gain we simply deduct old machine from new machine the fair base value is $70,000, so it has been recorded.
Answer:
The journal entries are made as indicated in the attached excel and working files screenshots.
Explanation:
The data given is used in the sheet.
The orthogonal you drew IS STRAIGHT. If you were to ............................ you drew. Two drawn lines are said to be orthogonal if they are perpendicular to each other, that is, they form a right angle. If a straight orthogonal is drawn, then other orthogonal drawn on the same map panel will be parallel to the straight orthogonal.<span />
Answer:
The total cost of quality the manager should use to report the costs in the internal failure cost category is $297,000
Explanation:
The computation of the internal failure cost is shown below:
= Rework cost + Cost of rejected units
= $257,000 + $40,000
= $297,000
The cost of internal failure includes both the cost of rework and the rejected units.
The other information which is given in the question is not relevant. Hence, ignored it as it would not be considered and thus not taken in the computation part.