Business
Business, 08.02.2021 19:20, awkwardness92

Great Harvest Bakery purchased bread ovens from New Morning Bakery. New Morning Bakery was closing its bakery business and sold its two-year-old ovens at a discount for $690,000. Great Harvest incurred and paid freight costs of $30,000, and its employees ran special electrical connections to the ovens at a cost of $4,000. Labor costs were $32,800. Unfortunately, one of the ovens was damaged during installation, and repairs cost $4,000. Great Harvest then consumed $800 of bread dough in testing the ovens. It installed safety guards on the ovens at a cost of $1,400 and placed the machines in operation. Prepare a schedule showing the amount at which the ovens should be recorded in Great Harvest’s Equipment account.

answer
Answers: 3

Other questions on the subject: Business

image
Business, 21.06.2019 16:30, Elenegoggg
Which economic system could be characterized by the "iron fist", meaning a central authority figure has control over most of the economy? market economy command economy traditional economy free enterprise economy
Answers: 3
image
Business, 22.06.2019 03:30, binodkharal2048
When the federal reserve buys and sells bonds to member banks, it is called a. monetary policy b. reserve ratio c. interest rate adjustment d. open market operations
Answers: 2
image
Business, 22.06.2019 17:50, nayelieangueira
What additional information about the numbers used to compute this ratio might be useful in you assess liquidity? (select all that apply) (a) the maturity schedule of current liabilities (b) the average stock price for the industry (c) the average current ratio for the industry (d) the amount of current assets that is concentrated in relatively illiquid inventories
Answers: 3
image
Business, 22.06.2019 21:30, mjstew00763
An allergy products superstore buys 6000 of their most popular model of air filters each year. the price of the air filters is $18. the cost of ordering and receiving shipments is $12 per order. accounting estimates annual carrying costs are 20% of the price. the supplier lead time is 2 days. the store operates 240 days per year. each order is received from the supplier in a single delivery. there are no quantity discounts. what is the store’s minimum total annual cost of placing orders & carrying inventory?
Answers: 1
Do you know the correct answer?
Great Harvest Bakery purchased bread ovens from New Morning Bakery. New Morning Bakery was closing i...

Questions in other subjects:

Konu
History, 28.07.2019 17:00
Konu
Biology, 28.07.2019 17:00