28. On 7-1-18, The Foster Company bought a new piece of equipment. The Unit itself cost $100,000. The Sales Tax was $2,000, Freight has $1,500 and Platform and Installation cost are 6,500. The Machine was setup and placed into service on the day it was purchased. The Company also purchased spare parts for routine maintenance for $5,000 on the date of purchase. The equipment is expected to have an estimated useful life of 5 Years and a Salvage value of $10,000. Please compete the following: a. Calculate the amount that should be capitalized as an Asset for the Equipment Purchase b. Calculate the Depreciation schedule based on the Straight-line Method c. Assuming the Company decides to use the Straight-line Method, please book the depreciation adjusting entry as of 12-31-18

According to maslow's hierarchy of needs theory, which of the following would be an issue that requires the fulfillment of a lower order need? a)the need for a challenging project at work. b)the need for a promotion at work.c) the need to locate your business in an area with a low crime rate. d)the need for a mentor to you ascend within the company. none of the above

Nichols inc. manufactures remote controls. currently the company uses a plantminuswide rate for allocating manufacturing overhead. the plant manager is considering switchingminusover to abc costing system and has asked the accounting department to identify the primary production activities and their cost drivers which are as follows: activities cost driver allocation rate material handling number of parts $5 per part assembly labor hours $20 per hour inspection time at inspection station $10 per minute the current traditional cost method allocates overhead based on direct manufacturing labor hours using a rate of $20 per labor hour. what are the indirect manufacturing costs per remote control assuming an method is used and a batch of 10 remote controls are produced? the batch requires 100 parts, 5 direct manufacturing labor hours, and 3 minutes of inspection time.

Rosie and her brother michael decided recently to purchase an rv together. they both want to use the rv to take their families camping. the price of the rv was $10,000. since michael expects to use the rv 60% of the time and rosie 40% of the time, michael contributed $6,000 and rosie contributed $4,000. their ownership percentage equals their contribution percentage. which type of property titling should they use to reflect their ownership interest?