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2 years ago

5

A company purchased new machinery and incurred freight, assembly, and installation costs in addition to the invoice cost of the

machinery. These additional costs should be debited to
A.installation expense.

B.machinery.

C.cash.

D.machinery expense.

1 answer:

enyata [817]2 years ago

3 0

D. machinery. its a original start up expense. should be calculated in cost

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Answer:

Incomplete question. Here's likely the complete question;

In this, the first case, Lee High, the newly hired cost accountant, computes the variable cost and the fixed cost per unit at a volume of 500 units of Great Heath per week. He uses this information to develop some guidelines for pricing. His boss, Charlton Blackheath, endorses the guidelines and adds a feature: a higher commission on sales at a higher price.

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Although Adelaide Ladywell acted presumptuously (without permission), her decision was still profitable. By looking at the costs per unit presented, the product's selling price wasn't lower than the fixed costs, therefore her actions were not a totally bad one.

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3 years ago

On December 31, 2019, Hamilton Inc. sold a used industrial crane for $1,000,000 cash. The original cost of the crane was $5.22 m

garik1379 [7]

Answer:

Gain= $90,000

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Giving the following information:

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<u>First, we need to calculate the book value:</u>

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3 years ago

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