Aplant asset was purchased on january 1 for $40,000 with an estimated salvage value of $8,000 at the end of its useful life. the current year's depreciation expense is $4,000 calculated on the straight-line basis and the balance of the accumulated depreciation account at the end of the year is $20,000. the remaining useful life of the plant asset is
a. 10 years.
b. 8 years.
c. 5 years.
d. 3 years.

Adds up the money earned by producers plus taxes paid to the goverment. a) income approach b) product approach c) expenditure approach

Materials purchases (on credit). direct materials used in production. direct labor paid and assigned to work in process inventory. indirect labor paid and assigned to factory overhead. overhead costs applied to work in process inventory. actual overhead costs incurred, including indirect materials. (factory rent and utilities are paid in cash.) transfer of jobs 306 and 307 to finished goods inventory. cost of goods sold for job 306. revenue from the sale of job 306. assignment of any underapplied or overapplied overhead to the cost of goods sold account. (the amount is not material.) 2. prepare journal entries for the month of april to record the above transactions.

Determine the hrm’s role in the performance management process and explain how to ensure the process aligns with the organization’s strategic plan.