During the current​ year, a corporation sells equipment for​ $300,000. The equipment cost​ $270,000 when purchased and placed in service two years ago and​ $60,000 of depreciation deductions were allowed. The results of the sale are

A. Ordinary income of $90,000
B. Sec. 1231 gain of $90,000
C. Ordinary income of $60,000 and long-term capital gain of $30,000
D. Ordinary income of $60,000 and Sec. 1231 gain of $30,000

Special order carson manufacturing, inc., sells a single product for $36 per unit. at an operating level of 8,000 units, variable costs are $18 per unit and fixed costs $10 per unit. carson has been offered a price of $20 per unit on a special order of 2,000 units by big mart discount stores, which would use its own brand name on the item. if carson accepts the order, material cost will be $3 less per unit than for regular production. however, special stamping equipment costing $4,000 would be needed to process the order; the equipment would then be discarded. assuming that volume remains within the relevant range, prepare an analysis of differential revenue and costs to determine whether carson should accept the special order. use a negative sign with answer to only indicate an income loss from special order; otherwise do not use negative signs with your answers.

The recognition of which of the following expenses exemplifies the application of matching expenses with the revenues they produced? multiple choice(a) cost of goods sold. (b) advertising.(c) president's salary.(d) research and development.

Estimate the prouduct sovle using an area modelestimate the product you solve using an area model and the standard algorithm.remeber to express your products in the standard form