Eve's apples opened business on january 1, 2010, and paid for two insurance policies effective that date. the liability policy was $36,000 for eighteen-months, and the crop damage policy was $12,000 for a two-year term. what was the balance in eve's prepaid insurance as of december 31, 2010?
Answers: 2
Business, 21.06.2019 22:50, nourmaali
Which of the following statements is true? a job costing system will have a separate work in process account for each of the major processes. a process costing system will have a single work in process account. a process costing system will have a separate raw materials account for each of the major processes. a process costing system will have a separate work in process account for each of the major processes.
Answers: 3
Business, 22.06.2019 11:20, leshayellis1591
Lusk corporation produces and sells 14,300 units of product x each month. the selling price of product x is $25 per unit, and variable expenses are $19 per unit. a study has been made concerning whether product x should be discontinued. the study shows that $72,000 of the $102,000 in monthly fixed expenses charged to product x would not be avoidable even if the product was discontinued. if product x is discontinued, the annual financial advantage (disadvantage) for the company of eliminating this product should be:
Answers: 1
Business, 23.06.2019 00:10, Frenchfries13
Warren company plans to depreciate a new building using the double declining-balance depreciation method. the building cost $870,000. the estimated residual value of the building is $57,000 and it has an expected useful life of 20 years. assuming the first year's depreciation expense was recorded properly, what would be the amount of depreciation expense for the second year?
Answers: 2
Eve's apples opened business on january 1, 2010, and paid for two insurance policies effective that...
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