Acity government adds street lights within its boundaries at a total cost of $300,000. the lights should burn for at least 10 years but can last significantly longer if maintained properly. the city sets up a system to monitor these lights with the goal that 97 percent will be working at any one time. during the year, the city spends $48,000 to clean and repair the lights so that they are working according to the specified conditions. however, it spends another $78,000 to construct lights for several new streets in the city.

a.
prepare the entries assuming infrastructure assets are capitalized with depreciation recorded. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field.)

government-wide financial statements

b.
prepare the entries assuming infrastructure assets capitalized with government using the modified approach. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field.)

Price and efficiency variances, journal entries. the schuyler corporation manufactures lamps. it has set up the following standards per finished unit for direct materials and direct manufacturing labor: direct materials: 10 lb. at $4.50 per lb. $45.00 direct manufacturing labor: 0.5 hour at $30 per hour 15.00 the number of finished units budgeted for january 2017 was 10,000; 9,850 units were actually produced. actual results in january 2017 were as follows: direct materials: 98,055 lb. used direct manufacturing labor: 4,900 hours $154,350 assume that there was no beginning inventory of either direct materials or finished units. during the month, materials purchased amounted to 100,000 lb., at a total cost of $465,000. input price variances are isolated upon purchase. input-efficiency variances are isolated at the time of usage. 1. compute the january 2017 price and efficiency variances of direct materials and direct manufacturing labor. 2. prepare journal entries to record the variances in requirement 1. 3. comment on the january 2017 price and efficiency variances of schuyler corporation. 4. why might schuyler calculate direct materials price variances and direct materials efficiency variances with reference to different points in time

On july 7, you purchased 500 shares of wagoneer, inc. stock for $21 a share. on august 1, you sold 200 shares of this stock for $28 a share. you sold an additional 100 shares on august 17 at a price of $25 a share. the company declared a $0.95 per share dividend on august 4 to holders of record as of wednesday, august 15. this dividend is payable on september 1. how much dividend income will you receive on september 1 as a result of your ownership of wagoneer stock

After four years aspen earned 510$ in simple interest from a cd into which she initially deposited $3000 what was the annual interest rate of the cd