On january 1, a machine with a useful life of 4 years and a salvage value of $18000 was purchased for $213000. what is the depreciation expense for year 2 under straight-line depreciation?

Double corporation acquired all of the common stock of simple company for

If jobs have been undercosted due to underallocation of manufacturing overhead, then cost of goods sold (cogs) is too low and which of the following corrections must be made? a. decrease cogs for double the amount of the underallocation b. increase cogs for double the amount of the underallocation c. decrease cogs for the amount of the underallocation d. increase cogs for the amount of the underallocation

If the economy were in the contracting phase of the business cycle, how might that affect your ability to find work?