Jane purchased a piece of equipment for $250,000 for use in her business. She incurred freight charges of $3,500, installation charges of $2,500, and maintenance costs of $5,000 for the year. At the end of the year, Jane was offered $200,0000 for the equipment. During the year, she incurred depreciation of $25,000. If Jane sells the equipment, what is the amount of gain (loss) recognized on the transaction?

Skychefs, inc. prepares in-flight meals for a number of major airlines. one of the company's products is grilled salmon in dill sauce with baby new potatoes and spring vegetables. during the most recent week, the company prepared 4000 of these meals using 960 direct labor hours. the company paid these direct labor workers a total of $19,200 for this work, or $20.00 per hour. according to standard cost card for this meal, it should require 0.25 direct labour-hours at a cost of $19.75 per hour.1. what is the standard labor-hours allowed (sh) to prepare 4,000 meals? 2. what is the standard labor cost allowed (sh x sr) to prepare 4,000 meals? 3. what is the labor spending variance? 4. what is the labor rate variance and the labor efficiency variance?