Business
Business, 08.11.2019 02:31, catsRlife3451

Oregon adventures purchased equipment for $80,000. they sold the equipment at the end of three years for $45,000. if the expected useful life of the equipment was seven years with a residual value of $10,000, and they use straight-line depreciation, which of the following is true regarding the entry to record the sale of the equipment?

answer
Answers: 3

Other questions on the subject: Business

image
Business, 21.06.2019 22:10, maxy7347go
There are more than two types of bachelors’ degrees true or false?
Answers: 1
image
Business, 22.06.2019 05:50, marjae188jackson
Acompany that makes shopping carts for supermarkets and other stores recently purchased some new equipment that reduces the labor content of the jobs needed to produce the shopping carts. prior to buying the new equipment, the company used 6 workers, who produced an average of 79 carts per hour. workers receive $16 per hour, and machine coast was $49 per hour. with the new equipment, it was possible to transfer one of the workers to another department, and equipment cost increased by $11 per hour while output increased by four carts per hour. a) compute the multifactor productivity (mfp) (labor plus equipment) under the prior to buying the new equipment. the mfp (carts/$) = (round to 4 decimal places). b) compute the productivity changes between the prior to and after buying the new equipment. the productivity growth = % (round to 2 decimal places)
Answers: 3
image
Business, 22.06.2019 17:40, libi052207
Turrubiates corporation makes a product that uses a material with the following standards standard quantity 8.0 liters per unit standard price $2.50 per liter standard cost $20.00 per unit the company budgeted for production of 3,800 units in april, but actual production was 3,900 units. the company used 32,000 liters of direct material to produce this output. the company purchased 20,100 liters of the direct material at $2.6 per liter. the direct materials purchases variance is computed when the materials are purchased. the materials quantity variance for april is:
Answers: 1
image
Business, 22.06.2019 18:30, miller5452
Amanufacturer has paid an engineering firm $200,000 to design a new plant, and it will cost another $2 million to build the plant. in the meantime, however, the manufacturer has learned of a foreign company that offers to build an equivalent plant for $2,100,000. what should the manufacturer do?
Answers: 1
Do you know the correct answer?
Oregon adventures purchased equipment for $80,000. they sold the equipment at the end of three years...

Questions in other subjects:

Konu
Mathematics, 05.05.2020 07:52
Konu
Mathematics, 05.05.2020 07:52