A $40,000 machine will be purchased by a company whose interest rate is 12%. The installation cost is $5,000, and removal costs are insignificant. What is its economic life if its salvage values and O&M costs are as follows? Year 1 => Salvage value = $35,000, O&M cost = $8,000
Year 2 => Salvage value = $30,000, O&M cost = $14,000
Year 3 => Salvage value = $25,000, O&M cost = $20,000
Year 4 => Salvage value = $20,000, O&M cost = $26,000
Year 5 => Salvage value = $15,000, O&M cost = $32,000

Which statement best defines tuition? tuition is federal money awarded to a student. tuition is aid given to a student by an institution. tuition is money borrowed to pay for an education. tuition is the price of attending classes at a school.

Salaries are $4,500 per week for five working days and are paid weekly at the end of the day fridays. the end of the month falls on a thursday. the accountant for dayton company made the appropriate accrual adjustment and posted it to the ledger. the balance of salaries payable, as shown on the adjusted trial balance, will be a (assume that there was no beginning balance in the salaries payable account.)

Kinc. has provided the following data for the month of may: inventories: beginning ending work in process $ 17,000 $ 12,000 finished goods $ 46,000 $ 50,000 additional information: direct materials $ 57,000 direct labor cost $ 87,000 manufacturing overhead cost incurred $ 63,000 manufacturing overhead cost applied to work in process $ 61,000 any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold. the adjusted cost of goods sold that appears on the income statement for may is: