Answer:
a loss of $3,000
Explanation:
A company makes a gain on the disposal of an asset when the amount received from the disposal is higher than the net book value or carrying amount of the asset.
The netbook value of the asset is the difference between the cost and the accumulated depreciation of the asset. The accumulated depreciation is the total depreciation over the used life of the asset and the depreciation is the result of the cost less residual value divided by the estimated asset life.
In light of the above,
Annual depreciation = ($48,000 - $8,000)/8
= $5,000
Between January 1 2020 and December 31 2022 is 3 years,
Accumulated depreciation at December 31, 2022
= 3 * $5,000
= $15,000
NBV at December 31, 2022
= $48,000 - $15,000
= $33,000
Gain/(loss) on disposal = $30,000 - $33,000
= ($3,000)
The company would record a loss of $3,000
Answer: I Honestly think the answers D.
Explanation:
Firms do create goods. Categories of manufacturing costs include direct labor, direct materials and manufacturing overhead.
<h3>What are manufacturing costs?</h3>
Manufacturing costs is grouped into materials, labor, and overhead. They are kinds of direct costs.
Manufacturing cost is known to be the amount of costs of all resources taken into the process of creating a product. The manufacturing cost is grouped into three categories called: direct materials cost, direct labor cost and manufacturing overhead.
Learn more about manufacturing costs from
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Considering that Alyssa is their young daughter, United States has an astounding number of tax credits and deductions that are geared towards taxpayers with children, they could claim: Credits, Deductions, exemption, Education Benefits, Education Deductions, and Education Credits, among others.
Between 30 and 90 days after the disability occurs
