29 Jun Question Manufacturing costs: A
Question
Manufacturing costs: ABC company manufactures airbrake systems for long haul trucks. the prime cost to produce one system is $800, the conversion cost is $400, and the total manufacturing cost is $1000, Required: DETERMINQuestion
On March 10, 2014, No Doubt Company sells equipment that it purchased for $307,200 on August 20, 2007.
It was originally estimated that the equipment would have a life of 12 years and a salvage value of $26,880 at the end of that time, and depreciation has been computed on that basis. The company uses the straight-line method of depreciation.
Compute the depreciation charge on this equipment for 2007, for 2014, and the total charge for the period from 2008 to 2013, inclusive, under each of the six following assumptions with respect to partial periods. (Round all computations and final answers to 0 decimal places, i.e. 2,250. If answer is zero, please enter 0, do not leave any fields blank.)
Depreciation is computed for the exact period of time during which the asset is owned. (Use 365 days for base.)
Depreciation is computed for the full year on the January 1 balance in the asset account.
Depreciation is computed for the full year on the December 31 balance in the asset account.
Depreciation for one-half year is charged on plant assets acquired or disposed of during the year.
Depreciation is computed on additions from the beginning of the month following acquisition and on disposals to the beginning of the month following disposal.
Depreciation is computed for a full period on all assets in use for over one-half year, and no depreciation is charged on assets in use for less than one-half year. (Use 365 days for base.)
THE COST OF DIRECT LABOR PER SYSTEM
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.
About Writedemy
We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.
How It Works
To make an Order you only need to click on “Order Now” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Are there Discounts?
All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.