Software Unlimited purchased a computer screen projector for $7,852. Delivery costs totaled $141 and handling costs were $196. The useful life is 5 years and the salvage value $1,334. Prepare a depreciation schedule using the sum-of-the-year's method, then enter the book value at the end of year 4 as your answer
$1,791
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Each state sets water quality standards, independent of the EPA.
Answer the following statement true (T) or false (F)
Ultimo Co. operates three production departments as profit centers. The following information is available for its most recent year. Department 1's contribution to overhead as a percent of sales is:Dept.Sales Cost of Goods Sold Direct Expenses Indirect Expenses 1$1,000,000 $700,000 $100,000 $80,000 2 400,000 150,000 40,000 100,000 3 700,000 300,000 150,000 20,000
A. 30.0% B. 52.5% C. 20.0% D. 57.1% E. 35.7%
To perform a vertical analysis of an income statement, you would divide each line item on the statement by:
A. net income. B. operating expenses. C. sales. D. cost of goods sold.
ABS specializes in repair and maintenance of industrial machines. One repair technician has been assigned to five identical grinding machines for repair and maintenance. The machine breaks down after about 20 hr of use, and breakdowns have a Poisson probability distribution. It takes 6 hr to repair a machine, and repair times follow an exponential distribution. Machine downtime costs the company $250 an hour, and the technician is paid $50 an hour. Determine the average cost per hour of downtime if number of technicians is equal to two.
A. $234 B. $432 C. $320 D. $345