Business, 18.11.2019 23:31 Dianar8407

Renewable energies, inc. (rei) paid $100,000 to purchase a windmill. the windmill was expected to have an 8 year useful life and a $20,000 salvage value. at the beginning of the fifth year of operation, rei changed the estimated useful life from 8 years to 14 years. assuming the company uses the straight-line method, the amount of accumulated depreciation on the year 6 balance sheet would be? ?

q2: renewable energies, inc. (rei) paid $100,000 to purchase a windmill. the windmill was expected to have an 8 year useful life and a $20,000 salvage value. at the beginning of the fifth year of operation, rei changed the estimated useful life from 8 years to 14 years. assuming the company uses the straight-line method, the amount of accumulated depreciation on the year 6 balance sheet would be? ?

q3: renewable energies, inc. (rei) paid $100,000 to purchase a windmill. the windmill was expected to have an 8 year useful life and a $20,000 salvage value. at the beginning of the fifth year of operation rei changed the estimated salvage to $28,000. assuming the company uses the straight-line method, the amount of accumulated depreciation on the year 6 balance sheet would be

q4: true or false: all costs associated with a machine after it is operational are expensed in the period they are incurred. this statement is

Answers: 3

Show answers

Another question on Business

Business, 21.06.2019 17:30

Salvador county issued $25 million of 5% demand bonds for construction of a county maintenance building. the county has no take-out agreement related to the bonds. it estimates that 20% of the bonds would be demanded (called) by the buyers if interest rates increased at least 1%. at year-end rates on comparable debt were 7%. how should these demand bonds be reported in the government-wide financial statements at year-end? a) $25 million in the long-term liability section of the governmental activities column. b) $5 million in the current liability section of the governmental activities column and $20 million in the long-term liabilities section of the governmental activities column. c) $5 million in the governmental activities column and $20 million would be reported in the schedule of changes in long-term debt obligations. d) $25 million in the current liability section of the governmental activities column

Answers: 1

Answer

Business, 22.06.2019 02:00

True or false: a smart store layout moves customers in and out as fast as possible. a) true b) false

Answers: 2

Answer

Business, 22.06.2019 14:30

crow design, inc. is a web site design and consulting firm. the firm uses a job order costing system in which each client is a different job. crow design assigns direct labor, licensing costs, and travel costs directly to each job. it allocates indirect costs to jobs based on a predetermined overhead allocation rate, computed as a percentage of direct labor costs. direct labor hours (professional) 6,250 hours direct labor costs ($1,800,000 support staff salaries ,000 computer ,000 office ,000 office ,000 in november 2012, crow design served several clients. records for two clients appear here: delicious treats mesilla chocolates direct labor 700 hours 100 hours software licensing $ 4,000 $400 travel costs 8,000 1. compute crow design’s direct labor rate and its predetermined indirect cost allocation rate for 2012. 2. compute the total cost of each job. 3. if simone wants to earn profits equal to 50% of service revenue, how much (what fee) should she charge each of these two clients? 4. why does crow design assign costs to jobs?

Answers: 2

Answer

Business, 23.06.2019 09:30

Although most economic contractions or recessions last sixteen months, the most recent recessionary period referred to as the great recession lasted

Answers: 1

Answer

You know the right answer?

Renewable energies, inc. (rei) paid $100,000 to purchase a windmill. the windmill was expected to ha...

Questions