Question 10
Applied Materials depreciates buildings and improvements over useful lives of 5-50 years.
a. |
True. |
|
b. |
False. |
a.TRUE
applied materials depreciated buildings and improvement over useful lives of 5-10 years is true.
Question 10 Applied Materials depreciates buildings and improvements over useful lives of 5-50 years. a. True....
Goodwill is amortized over a useful life not to exceed 40 years. True False
Question 10 (1 point) Using the following information, what would the JE be for under/over applied OH: Actual Manu OH for 20x2 is $160,000 Actual DL hours for 20x2 is 110,000 POHR = $1.50 per DL hour Question 10 options: a) Debit CGS 5,000 and credit Manu OH 5,000. b) Debit Manu OH 5,000 and credit CGS 5,000. c) Debit CGS 10,000 and credit Manu OH 10,000 d) Debit Manu OH 10,000 and credit CGS 10,000. Question 9 (1 point)...
A machine originally had an estimated service life of 5 years, and after 3 years, it was decided that the original estimate should have been for 10 years. The remaining cost to be depreciated should be allocated over the next Multiple Choice 5 years 6 years 10 years 7 years 2 years Creek Construction owned a bulldozer which was destroyed by fire. The bulldozer originally cost $38,000. The accumulated depreciation recorded to the date of loss was $20,000. The proceeds...
Company A depreciates its main assets over 10 years on a straight-line basis, with an estimated residual value of 10 percent of initial cost. Company A’s main competitor Company B estimates its depreciation of the similar assets using the straight-line method but assuming an average annual depreciation of 4.5 percent. No operating differences appear to be existing between these companies. Company A’s marginal tax rate is 20 percent, reported asset cost 1/1/2019 is 360,000, and accumulated depreciation 1/1/2019 is 162,000. An...
Safe Parking, near an airport, incurred the following cos improvements, and construct and furnish a small building he following costs to acquire land, make land a. Purchase price of three acres of land 86,000 6,300 b. Delinquent real estate taxes uent real estate taxes on the land to be paid by Safe Parking c. Additional dirt and earthmoving 8.400 3,400 d. Title insurance on the land acquisition 9.600 e. Fence around the boundary of the property 900 f. Building permit...
Company A depreciates its main assets over 10 years on a straight-line basis, with an estimated residual value of 10 percent of initial cost. Company A’s main competitor Company B estimates its depreciation of the similar assets using the straight-line method but assuming an average annual depreciation of 5.0 percent. No operating differences appear to be existing between these companies. Company A’s marginal tax rate is 20 percent, reported asset cost 1/1/2019 is 140,000, and accumulated depreciation 1/1/2019 is 88,200....
o structural materials. 2 3 Question 10 (Mandatory) (2 points) 5 6 Biological materials are natural systems products such as wood, hemp, and bamboo, while biomaterials are materials with novel chemical, physical, mechanical, or "intelligent" properties, produced through processes that employ or mimic biological phenomena. 8 -- True 11 12 False Question 11 (Mandatory) (2 points) 14 15 Solid waste management plans aid industry in diverting waste from landfills by recovering. reusing and recycling materials. 17 18 True - False...
Under the FASB Codification a $5 million endowment that cannot be spent for 50 years should be classified as permanently restricted net assets. Question 44 options: True False
State True, False or Uncertain, and then defend your position. Your answer to each question should be limited within about 150 words. 10 points) The only way to have continual improvements in the material economic well-being of a society in the long run is to increase labor productivity.
Question 33 Which of the following is true about stiffness? (CLO-5) It is resistance of materials to elastic deformation. It is measured by modulus of elasticity (E) where high E means high stiffness. Both Stiffness and Resilience of materials are measured before the yield point. All of the other choices Question 34 Fatigue failure is time dependant deformation normally under constant load, and increases when increasing temperature. True False