Listed below are certain costs or discounts incurred in the purchase or construction of new plant assets.
1. indicate whether the costs should be expensed or capitalized.
2. for costs that should be included in plant assets, indicate in which category of plant assets (equipment, building, or land) the related costs should be recorded on the balance sheet.
1. charges incured to train employees to use new equipment. 2. invoice cost to purchase new equipment 3. deduction for an earl payment discount taken on the puchase of new equipment. 4. real estate commissions incurred on land purchased for a new plant. 5. property taxes on land incurred after it was purchased 6. costs of tune-up for the truck used to deliver new equipment 7. costs to lay foundation for a new building 8. insurance on a new building during the construction phase.

Which of the following statements regarding the learning curve and economies of scale is accurate? answers: just as diseconomies of scale are presumed to exist if a firm gets too large, there is a corresponding increase in costs in the learning-curve model as the cumulative volume of production grows.where diseconomies of scale are presumed to exist if a firm gets too large, there is no corresponding increase in costs in the learning-curve model as the cumulative volume of production grows.where diseconomies of scale are presumed to exist if a firm gets too small, there is no corresponding increase in costs in the learning-curve model as the cumulative volume of production grows.just as diseconomies of scale are presumed to exist if a firm gets too small, there is a corresponding increase in costs in the learning-curve model as the cumulative volume of production grows.

Statistical process control charts: a. indicate to the operator the true quality of material leaving the process. b. display upper and lower limits for process variables or attributes and signal when a process is no longer in control. c. indicate to the process operator the average outgoing quality of each lot. d. display the measurements on every item being produced. e. are a graphic way of classifying problems by their level of importance, often referred to as the 80-20 rule.

What is the present value of the following cash flow stream at a rate of 12.0%? years: 0 1 2 3 4| | | | |cfs: $0 $1,500 $3,000 $4,500 $6,000a. $9,699b. $10,210c. $10,747d. $11,284e. $11,849