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pickupchik [31]
3 years ago
10

the term used to describe the amount the company expects to receive for an asset at the end of its service life is

Business
1 answer:
djverab [1.8K]3 years ago
4 0

Answer: residual value (or salvage value)

Explanation:

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Otool Incorporated is considering using stocks of an old raw material in a special project. The special project would require al
maxonik [38]

The relevant cost of the 160 kilograms of the raw material when deciding whether to proceed with the special project  is $1,029.

<h3>Relevant cost</h3>

Using this formula

Relevant cost=(Numbers of kilogram of raw material × Discounted price per kilogram)- Delivery cost

Let plug in the formula

Relevant cost=( 160 kilograms× $6.95 per kilogram) -$83

Relevant cost=$1,112-$83

Relevant cost=$1,029

Therefore the relevant cost of the 160 kilograms of the raw material when deciding whether to proceed with the special project  is $1,029.

Learn more about relevant cost here:brainly.com/question/14041700

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7 0
2 years ago
Davis, an operations manager, was expecting an output of 5,000 units in a week. However, only 1,000 units have been manufactured
Ipatiy [6.2K]

Answer:

A. planning

Explanation:

Planning is the first step in the process of management. Without planning nothing could be accomplished. It is a thinking process that represents the need to accomplish the desired objective

Since in the given question it is mentioned that Davis required to take corrective action in order to finished the 5,000 units on time

So this represents the planning

hence, the correct option is A.

4 0
3 years ago
Read 2 more answers
When the Fed is acting as fiscal agent for the Treasury, it will
Mashcka [7]

Answer:

b. receive and process bids for Treasury securities in preparation for the Treasury's auction of securities.

Explanation:

The Fed and their regional banks are authorized by the Federal Reserve Act of 1913 to act as fiscal agents if the Secretary of the Treasury requires them to do so. Theoretically, this shouldn't be a normal activity, it should only happen on demand of the Secretary of the Treasury.

5 0
3 years ago
Malmedy Corporation uses the FIFO method in its process costing system. The following data pertain to operations in the first pr
klasskru [66]

Answer:

beginning WIP                800

Question: which are the physical units in the beginning work in process inventory?

Explanation:

The beginning WIP and the started and completed untis will be the total transferred units.

<u><em>We first, solve for the start and completed: </em></u>

Unit Stated                     25,200

Ending WIP(incomplete)<u>  2,000   </u>

start and complete        23,200

<em><u>Now, we solve for the WIP: </u></em>

<em><u /></em>

Transferred units      24,000

start and complete<u>  (23,200)  </u>

beginning WIP                800

7 0
3 years ago
An asset (not an automobile) put in service in June 2019 has a depreciable basis of $2,065,000, a recovery period of 5 years, an
spayn [35]

Answer:

c. $2,065,000

Explanation:

Under the depreciation bonus election, 100% of the deduction is allowed thus the amount of cost that can be deducted in 2019 is the total Depreciable base of $2,065,000.

6 0
3 years ago
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