Jane purchased a piece of equipment for $250,000 for use in her business. She incurred freight charges of $3,500, installation charges of $2,500, and maintenance costs of $5,000 for the year. At the end of the year, Jane was offered $200,0000 for the equipment. During the year, she incurred depreciation of $25,000. If Jane sells the equipment, what is the amount of gain (loss) recognized on the transaction?

Maria am corporation uses the weighted-average method in its process costing system. the baking department is one of the processing departments in its strudel manufacturing facility. in june in the baking department, the cost of beginning work in process inventory was $4,880, the cost of ending work in process inventory was $1,150, and the cost added to production was $25,200. required: prepare a cost reconciliation report for the baking department for june.

The cook corporation has two divisions--east and west. the divisions have the following revenues and expenses: east west sales $ 603,000 $ 506,000 variable costs 231,000 300,000 traceable fixed costs 151,500 192,000 allocated common corporate costs 128,600 156,000 net operating income (loss) $ 91,900 $ (142,000 ) the management of cook is considering the elimination of the west division. if the west division were eliminated, its traceable fixed costs could be avoided. total common corporate costs would be unaffected by this decision. given these data, the elimination of the west division would result in an overall company net operating income (loss)

Why is accountability important in managing safety