Answer:
Unloading the dishwasher is an example of a two-minute action task. The correct answer should be A
Answer:B -
Explanation:Depreciation is added back as an adjustment to the net income in the operating activities section.
Answer:
The material cost of the work in process at March 31 is d. $0
Explanation:
Note: Equivalent unit of Work in process of Material is 0 as material are added at the end of process which leads to total cost of material of work in proccess = 0.
Answer:
Accumulated depreciation= $276,000
Explanation:
Giving the following information:
On January 2, 2019, Kaiman Corporation acquired equipment for $ 700,000. The estimated life of the equipment is 5 years. The estimated residual value is $ 10,000.
Depreciable value= 700,000 - 10,000= 690,000
Straight-line depreciation= 690,000/5= $138,000
Accumulated depreciation= 138,000*2= $276,000
