Answer:
The correct interpretation of the given problem is outlined in the following portion of the explanation.
Explanation:
On 2019,
Company purchased = $540,000
Life useful = 5 years
(1)...
On year 2019,
On putting the values, we get
⇒ 
⇒ 
Journal - Dr $108,000 in depreciation A/c.
(2)...
Assets A/c Dr $ 92,880, To reassess surplus $92,880
Now,
On putting the values, we get
⇒ 
⇒ 
(Gained revaluation)
(3)...
On year 2020,
On putting values,
⇒ 
⇒ 
Journal - Depreciation A/c Dr. $131,220
.
(4)...
Surplus revaluation: Dr $39,312
On putting values,
⇒ 
⇒ 
(Loss revaluation)
Answer:
a) DM Windshield
(b) DM Engine
(c) DL Wages of assembly line worker
(d) MO Depreciation of factory machinery
(e) MO Factory Machinery lubricants
(f) DM Tires
(g) DL Steering wheel
(h) MO Salary of painting supervisor
Explanation:
Direct materials (DM) are those materials and supplies that are consumed during the manufacture of a product, and which are directly identified with that product.
Direct labor (DL) is production or services labor that is assigned to a specific product, cost center, or work order.
Manufacturing overhead (MO) is all indirect costs incurred during the production process.
(a) DM Windshield
(b) DM Engine
(c) DL Wages of assembly line worker
(d) MO Depreciation of factory machinery
(e) MO Factory Machinery lubricants
(f) DM Tires
(g) DL Steering wheel
(h) MO Salary of painting supervisor
Answer:
Unitary cost= $30
Explanation:
Giving the following information:
Material costs for a selected job are $900 for a batch of 30 suit coats (units).
<u>To calculate the unitary cost, we need to use the following formula:</u>
unitary cost= total batch cost / number of units
unitary cost= 900 / 30
unitary cost= $30
Answer:
$34,310.45
Explanation:
Net present value is the present value of after-tax cash flows from an investment less the amount invested.
NPV can be calculated using a financial calculator
Only projects with a positive NPV should be accepted. A project with a negative NPV should not be chosen because it isn't profitable.
When choosing between positive NPV projects, choose the project with the highest NPV first because it is the most profitable.
Cash flow in year 0 = $-200,000
Cash flow in year 1 - 5 = 65,000
I = 12%
NPV = $34,310.45
To find the NPV using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
Answer: on edge it's B the right to attend classes at a school...
Explanation:
