Acompany purchased a new delivery van at a cost of $60,000 on july 1. the delivery van is estimated to have a useful life of 6 years and a salvage value of $4,800. the company uses the straight-line method of depreciation. how much depreciation expense will be recorded for the van during the first year ended december 31?

Chester has a credit score of 595 according to the following table his credit rating is considered to be which of these

Elliott company produces large quantities of a standardized product. the following information is available for its production activities for march. units costs beginning work in process inventory 2,500 beginning work in process inventory started 25,000 direct materials $ 3,725 ending work in process inventory 5,000 conversion 11,580 $ 15,305 status of ending work in process inventory direct materials added 185,750 materials—percent complete 100 % direct labor added 182,375 conversion—percent complete 30 % overhead applied (140% of direct labor) 255,325 total costs to account for $ 638,755 ending work in process inventory $ 62,530 prepare a process cost summary report for this company, showing costs charged to production, unit cost information, equivalent units of production, cost per eup, and its cost assignment and reconciliation. use the weighted-average method. (round "cost per eup" to 2 decimal places.)

How does your household gain from specialization and comparative advantage? (what is produced, what is not produced yet paid to a specialist to produce? )