Entries by Hannah Wangui

 Please submit a stapled hard copy at the beginning of class.  Clearly put your name on the top of your assignment. The following information is used in questions 1 – 3. The Flavored Water Company bought a new piece of equipment at the beginning of the year for $15,400, that bottles the water. The estimated useful life of the machine is 5 years, and its estimated productivity is 75,000 bottles of water. Its salvage value is estimated to be $400. Yearly production was: Year 1: 15,000 bottles Year 2: 18,750 bottles Year 3: 11,250 bottles Year 4: 22,500 bottles Year 5: 7,500 bottles Question 1: Complete a depreciation schedule using the straight-line method. Question 2: Complete a depreciation schedule using the activity-based method. Question 3: Complete a depreciation schedule using the double-declining balance method. Hint: A depreciation schedule looks like what we did in class: YEAR Beg. BV ($) Rate Annual Dep. Exp. ($) Acc. Dep. ($) End. BV

August 13, 2019 in /by

  Please submit a stapled hard copy at the beginning of class.  Clearly put your name on the top of your assignment. The following information is used in questions 1 – 3. The Flavored Water Company bought a new piece of equipment at the beginning of the year for $15,400, that bottles the […]

 

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 Please submit a stapled hard copy at the beginning of class.  Clearly put your name on the top of your assignment. The following information is used in questions 1 – 3. The Flavored Water Company bought a new piece of equipment at the beginning of the year for $15,400, that bottles the water. The estimated useful life of the machine is 5 years, and its estimated productivity is 75,000 bottles of water. Its salvage value is estimated to be $400. Yearly production was: Year 1: 15,000 bottles Year 2: 18,750 bottles Year 3: 11,250 bottles Year 4: 22,500 bottles Year 5: 7,500 bottles Question 1: Complete a depreciation schedule using the straight-line method. Question 2: Complete a depreciation schedule using the activity-based method. Question 3: Complete a depreciation schedule using the double-declining balance method. Hint: A depreciation schedule looks like what we did in class: YEAR Beg. BV ($) Rate Annual Dep. Exp. ($) Acc. Dep. ($) End. BV

August 13, 2019 in /by

  Please submit a stapled hard copy at the beginning of class.  Clearly put your name on the top of your assignment. The following information is used in questions 1 – 3. The Flavored Water Company bought a new piece of equipment at the beginning of the year for $15,400, that bottles the […]

 

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Which one of the following is a true statement about activity-based costing? A) There is generally one and only one cost driver for each activity. B) The activity driver (used to assign the overhead to the cost objects) must be a cost driver. C) There is no such thing as a resource driver. D) Process mapping is a good way to identify activities for activity-based costing. E) Every activity-based costing system will have the same activities, as long as the companies are in the same industry

August 13, 2019 in /by

Which one of the following is a true statement about activity-based costing?            A)  There is generally one and only one cost driver for each activity.             B)  The activity driver (used to assign the overhead to the cost objects) must be a cost driver.             C)  There is no such thing as a resource driver.             D)  […]

 

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Financial leverage increases with A) high total cost. B) high variable cost in relation to total cost. C) high fixed cost in relation to total cost. D) high debt in relation to stockholders’ equity. E) high sales in relation to assets

August 13, 2019 in /by

Financial leverage increases with            A)  high total cost.             B)  high variable cost in relation to total cost.                      C)  high fixed cost in relation to total cost.               D)  high debt in relation to stockholders’ equity.             E)  high sales in relation to assets   Looking for a Similar Assignment? Order now and Get […]

 

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