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Julli [10]
3 years ago
10

Dabros Inc. is purchasing a new vapor depositor in order to make silicon chips. It will cost to buy the machine and $10,000 to h

ave it delivered and installed. Building a clean room in the plant for the machine will cost an additional The machine is expected to have a working life of five years. If straight-line depreciation is used, what are the yearly depreciation expenses in this case
Business
1 answer:
____ [38]3 years ago
6 0

Answer:

The answer is $1,402,000

Explanation:

Cost of an asset is the total cost of acquiring and asset plus the cost incurred in bringing the asset to a working condition e.g cost of transporting the asset to factory, cost of installation etc.

Cost of the machine is:

Cost of acquisition $4,000,000

Cost of installation. $10,000

Building a clean room. $3,000,000

Total cost is. $7,010,000

No salvage value

Useful life is 5 years

Cost of depreciation using the straight-line method is

(cost of the asset - salvage value) ÷ number of useful life

$7,010,000 ÷ 5

= $1,402,000

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Answer:

The answer should be D, a ban of deceptive advertisements.

Explanation:

In the 90s the government cracked down on deceptive advertising more than ever and more laws on the matter were added. The only other option that was actually ever banned was A, none of the other choices were ever banned. The ban on tobacco happened in the 70s under Nixon, that makes D the only possible answer. Hope this helps! :)

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Which of the following is a problem associated with the rational method of developing questionnaire items?
7nadin3 [17]

Answer:

2. Participants might give socially desirable or false answers rather than honest ones because the questions are transparent.

Explanation:

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The problem associated with the rational method of developing questionnaire items is that participants might give socially desirable or false answers rather than honest ones because the questions are transparent.

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2 years ago
George corporation recognized $1,000 of accrued property taxes on its manufacturing facility. the journal entry to record this d
KatRina [158]

In a case whereby George corporation recognized $1,000 of accrued property taxes on its manufacturing facility. the journal entry to record this debits as Manufacturing overhead $1,000 and credits Property taxes payable $1,000.

<h3>What is journal entry?</h3>

A journal entry  can be described as an act of keeping which involves the  making records of any transactions .

It should be noted that Transactions are listed in an accounting journal so that the  company's debit as well as the credit balances of the company can be shown.

In the case, above , we will record this debits as Manufacturing overhead $1,000 and credits Property taxes payable $1,000, hence  journal entry can encompass several recordings, in a debit or a credit.

Find out more on journal entry at brainly.com/question/14279491

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A government agency that enforces proper use GAAP
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Financial Accounting Standards Board

Explanation:

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2 years ago
Read 2 more answers
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