One of the items was sold during the year. Required: Based on this information, how much product cost would be allocated to cost of goods sold and ending inventory, assuming use of: a. LIFO b. FIFO c. Weighted average (total cost/total number) | |Cost of goods sold |Ending inventory | |LIFO |700 |800 | |FIFO |800 |700 | |Weighted Average |750 |750 | Problem 2. Teague Company purchased a new machine on January 1, 2012, at a cost of $150,000. The machine is expected to have an eight-year life and a $15,000 salvage value. The machine is expected to produce 675,000 finished products during its eight-year life.
ACCT 550 Week 7 Homework Chapter 11: E11-4, E11-9, E11-11, E11-17 E11-4 (Depreciation Computations—Five Methods) Wenner Furnace Corp. purchased machinery for $279,000 on May 1, 2012. It is estimated that it will have a useful life of 10 years, salvage value of $15,000, production of 240,000 units, and working hours of 25,000. During 2013, Wenner Corp. uses the machinery for 2,650 hours, and the machinery produces 25,500 units. Instructions From the information given, compute the depreciation charge for 2013 under each of the following methods. (Round to the nearest dollar.)
New York: Free Press, 1980 Kesner, I., B. Victor, and B. Lamont. “Board Composition and the Commission of Illegal Acts: An Investigation of Fortune 500 Companies.” Academy of Management Journal, December 1986 BAB 230 091 Research Paper Assignment (worth 25% of the final grade) Selection of Topics due Week 3, Class 1 Handing in of Paper due Week 9, Class 1 Working individually prepare a 6 page (plus or minus one-half page) paper (double-spaced, 12 font size, times new roman or similar sized font, not including cover page or “Works Cited” page) on one of the research paper topics described below, or a topic of your choice approved by me in advance. The assignment is due by the beginning of class in week 9, class 1, our first class after Study Week. It should be handed in both electronically and in hard
Finally, I found out that in the third trial the three woods; poplar, oak, and pine still stayed in the same burning order. The average time for pinewood is 5 minutes, oaks average time is 4 minutes 2 seconds, and the average time for poplar is 2 minutes and 33 seconds. IV. Summary and Conclusion: I found out when burning three different types of wood: pine, oak and poplar that each burned at a different rate. The poplar to my
History 101-07: Examination I – Study Guide The first exam (25%) will be held on February 3. It covers chapters 1-3 of the textbook and all material discussed in class. Part I of the exam will consist of 40 multiple-choice questions, to be answered on a Scan-Tron sheet (worth 2 points each). Sample question: This great Frankish warrior king (reigned 768-814) became Emperor of the West in 800: a. Charles Martel b. Pepin the Short c. Charlemagne d. Louis the Pious e. Lothar. Part II will consist of five “fill-in-the-blank” identification questions (4 points each).
Name: ________________________________________ (Print) Bldg._________ Test 1: Chapters 1-4 History 101 Due: Next week at beginning of class Part 1: Fill in the blanks Directions: In ink, print full names with correct spelling and accent marks. (1.5 points each = 45) 1. Early Paleo-Indians crossed a land bridge known as ___________________________ from Asia to North America. 2. Most Meso-American societies were _________________________, which means they worshipped many gods.
2. 3. 4. Why are people more likely to marry early in American compared to Europe? What two reasons does Franklin give for the larger families in America?
A.cash B.unsecured loans C.time deposits D.U.S. government securities Question 12 of 20 5.0 Points Identify and describe the factors, in addition to supply and demand, that determine interest rates. Question 13 of 20 5.0 Points You need $8,000 four years from now for a down payment on your future house. How much money must you deposit today if your credit union pays 5% interest compounded annually? Pick the closest answer.
User | Alonzo Doby | Course | Spring2014-ECO2023-Princ Economics II-397328 | Test | Chapter 4 Quiz | Started | 2/12/14 10:49 PM | Submitted | 2/12/14 11:24 PM | Due Date | 2/19/14 11:59 PM | Status | Completed | Attempt Score | 6 out of 20 points | Time Elapsed | 34 minutes out of 40 minutes. | Instructions | | * Question 1 0 out of 2 points | | | Examine the graph below. If the equilibrium price is P1, then producer surplus | | | | | Selected Answer: | can be determined by the area of the triangle acP1. | | | | | * Question 2 2 out of 2 points | | | Examine the graph below. Consumer surplus is | | | | | Selected Answer: | defined by the area of the triangle
This year, in 2013, will mark 150 years incorporated as a town in Michigan. During this year sesquicentennial year they plan to plant numerous trees and plants to honor family and friends that have lived in the town. It was found that 65% of hospital stays could have been preventable (County Health Rankings, 2013). According to Michigan Department of