Answer:
Materials used in production go to Work in Process so;
= 936 + 1,690 + 767
= $3,393
The materials used in the general factory will go to Manufacturing Overhead.
Date Debit Credit
Jan 31 Work in Process $3,393
Manufacturing Overhead $ 667
Raw Materials Inventory $4,060
Fannie mae says lenders need to use appraisers who have knowledge, experience, and data sources for appraising manufactured homes.
The term appraiser refers to that professional person who determines the market value of an asset generally in the real estate industry.
An appraiser should always act independently of the buying and selling parties in a transaction. The opinion given by them about the real and fair value of an appraised asset must be unbiased in nature. It must be valued by using observations as well as relevant statistics or facts, and the other information.
Depending upon the circumstances, the appraisers always presents their findings in a written as well as verbal appraisal.
To know more about the appraiser here:
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Answer:
A) To be more conservative in planning for an individual's retirement, decrease the individuals life expectancy.==>TRUE
B) A sensitivity analysis helps the advisor determine the single most effective factor in a retirement plan. ==> FALSE
C) A Monte Carlo Analysis uses a random number generator to provide the advisor with an array of possible outcomes utilizing the same fact patter. ==>TRUE
D) The capital preservation model assumes that at retirement the client will have exactly the same account balance as he did at his ideal working age. ==> TRUE
Answer: $153,782.70
Explanation:
The MACRS allowance percentages are as follows, commencing with Year 1: 14.29, 24.49, 17.49, 12.49, 8.93, 8.92, 8.93, and 4.46 percent.
In 4 years, the depreciation would be:
= Cost price * (4 year deprecation)
= 525,000 * (14.29% + 24.49% + 17.49% + 12.49%)
= $360,990
Book value :
= 525,000 - 360,990
= $164,010
Gain (loss) = Sale price - Book value
= 150,000 - 164,010
= ($14,010)
Tax payable = (14,010) * 27%
= ($3,782.70)
After-tax cash flow:
= Selling price - Taxes
= 150,000 - (-3,782.70)
= $153,782.70
<em>Note: If there are options, beware of rounding errors and pick nearest option. </em>
Answer:
a. Considered sunk costs, not relevant in further decision making
Explanation:
the missing options are:
- a. Considered sunk costs, not relevant in further decision making
- b. Considered sunk costs, but still relevant in further decision making
- c. Considered a loss
- d. Considered a profit
After the investment in new technology has been made, it will be considered a sunk cost, because they are no longer relevant or important when considering or evaluating future investments and projects. Sunk costs are expenses that have already been made and incurred, and cannot be recouped.
