Anchor company purchased a manufacturing machine with a list price of $86,000 and received a 2% cash discount on the purchase. the machine was delivered under terms fob shipping point, and freight costs amounted to $2,400. anchor paid $3,300 to have the machine installed and tested. insurance costs to protect the asset from fire and theft amounted to $4,200 for the first year of operations.

based on this information, the amount of cost recorded in the asset account would be:

a)$86,680

b)$84,280.

c)$94180

d)$89,980

Explain whether each of the following events increases or decreases the money supply. a. the fed buys bonds in open-market operations. b. the fed reduces the reserve requirement. c. the fed increases the interest rate it pays on reserves. d. citibank repays a loan it had previously taken from the fed. e. after a rash of pickpocketing, people decide to hold less currency. f. fearful of bank runs, bankers decide to hold more excess reserves. g. the fomc increases its target for the federal funds rate.

En major recording acts are able to play at the stadium. if the average profit margin for a concert is $175,000, how much would the stadium clear for all of these events combined?

Moody corporation uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. at the beginning of the year, the company made the following estimates: machine-hours required to support estimated production 100,000 fixed manufacturing overhead cost $ 650,000 variable manufacturing overhead cost per machine-hour $ 3.00 required: 1. compute the plantwide predetermined overhead rate. 2. during the year, job 400 was started and completed. the following information was available with respect to this job: direct materials $ 450 direct labor cost $ 210 machine-hours used 40