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On april 8, 2015, jupitor corp. acquired equipment at a cost of $480,000. the equipment is to be depreciated by the straight-line method over six years with no provision for salvage value. depreciation for fractional years is computed by rounding the ownership period to the nearest month. depreciation expense recognized in 2015 will be
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Business, 22.06.2019 04:00, bangchan
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Business, 22.06.2019 05:50, mandy9386
Nichols inc. manufactures remote controls. currently the company uses a plantminuswide rate for allocating manufacturing overhead. the plant manager is considering switchingminusover to abc costing system and has asked the accounting department to identify the primary production activities and their cost drivers which are as follows: activities cost driver allocation rate material handling number of parts $5 per part assembly labor hours $20 per hour inspection time at inspection station $10 per minute the current traditional cost method allocates overhead based on direct manufacturing labor hours using a rate of $20 per labor hour. what are the indirect manufacturing costs per remote control assuming an method is used and a batch of 10 remote controls are produced? the batch requires 100 parts, 5 direct manufacturing labor hours, and 3 minutes of inspection time.
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On april 8, 2015, jupitor corp. acquired equipment at a cost of $480,000. the equipment is to be dep...
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