subject
Business, 05.11.2020 18:30 jjaerere6609

Cinder Construction, a calendar-year company, purchased equipment for $124,000 on January 3rd, 2022. The equipment’s expected useful life is seven years, and the expected salvage value of the equipment is $16,000. What is the book value of the equipment on December 31st, 2023, if Cinder uses the double-declining-balance method?

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 00:30
Norton manufacturing expects to produce 2,900 units in january and 3,600 units in february. norton budgets $20 per unit for direct materials. indirect materials are insignificant and not considered for budgeting purposes. the balance in the raw materials inventory account (all direct materials) on january 1 is $38,650. norton desires the ending balance in raw materials inventory to be 10% of the next month's direct materials needed for production. desired ending balance for february is $51,100. what is the cost of budgeted purchases of direct materials needed for january? $58,000 $65,200 $26,550 $25,150
Answers: 1
question
Business, 22.06.2019 05:30
Identify the three components of a family's culture and provide one example from your own experience
Answers: 2
question
Business, 22.06.2019 13:10
bradford, inc., expects to sell 9,000 ceramic vases for $21 each. direct materials costs are $3, direct manufacturing labor is $12, and manufacturing overhead is $3 per vase. the following inventory levels apply to 2019: beginning inventory ending inventory direct materials 3,000 units 3,000 units work-in-process inventory 0 units 0 units finished goods inventory 300 units 500 units what are the 2019 budgeted production costs for direct materials, direct manufacturing labor, and manufacturing overhead, respectively?
Answers: 2
question
Business, 22.06.2019 18:00
When peter metcalf describes black diamond’s manufacturing facility in china as a “greenfield project,” he means that partnered with a chinese company to buy the plant . of all market entry strategies, this one carries the lowest risk. because black diamond manufactures its outdoor sports products outside the united states, what risks must its managers be aware of?
Answers: 1
You know the right answer?
Cinder Construction, a calendar-year company, purchased equipment for $124,000 on January 3rd, 2022....
Questions
question
Mathematics, 17.06.2020 20:57
question
Mathematics, 17.06.2020 20:57
question
English, 17.06.2020 20:57
question
Mathematics, 17.06.2020 20:57
Questions on the website: 13722359