A Machine Costing $257 500 With A Four-Year Life
A Machine Costing $257 500 With A Four-Year Life. Budgeted and actual operating data for the year 2012. Estimated useful life 10 years 10 years
It required 4 machine hours and 4 direct labor hours. The factory manager estimates the machine will produce 475,000 units of product during its life. During 2018 a total of $4 500 rent was paid.
It Actually Produces The Following Units:
Estimated useful life 10 years 10 years It actually produces the following units: Estimated overhead costs for the year are $ 24 comma 500$24,500.
On 1 January 2018 Rent Accrued Amounted To $300.
Budgeted and actual operating data for the year 2012. The financial year of a drama club ends on 31 december the club rents a theatre at an annual rent of $3 600. After depreciating the asset for three complete years, the salvage value was reduced to $1,200 and its total useful life was increased from 5 years to 6 years.
In Addition, A Check From One Of Springer's Customers In The Amount Of $500 Was Returned As Nsf.
How much will be shown for rent in the club’s receipts and payments account for the year ended. What is the amount of manufacturing overhead allocated to the completed job? Additional estimated information is given below.
The Factory Manager Estimates The Machine Will Produce 475,000 Units Of Product During Its Life.
Has a machine that was purchased january 1, 2016 for $120,000 plus the last 4 digits of your tru id#. 220,000 in 1st year, 124,600 in 2nd year, 121,800 in 3rd year, 15,200 in 4th year. During 2018 a total of $4 500 rent was paid.
Equipment With A Cost Of $480,000 Has An Estimated Salvage Value Of $30,000 And An Estimated Life Of 4 Years.
The factory manager estimates the machine will produce 475,000 units of product during its life. The factory manager estimates the machine will produce 475,000 units of product during its life. It actually produces the following units:
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