The purchase price of a piece of manufacturing equipment was $150,000. An additional $15,000 was spent in freight and setup of the equipment. Anticipated salvage value is $10,000, and the machinery has a 7 year useful life. Assuming full year of depreciation and use of the double declining balance method, what is the annual depreciation for year 2

Xie company identified the following activities, costs, and activity drivers for 2017. the company manufactures two types of go-karts: deluxe and basic. activity expected costs expected activity handling materials $ 625,000 100,000 parts inspecting product 900,000 1,500 batches processing purchase orders 105,000 700 orders paying suppliers 175,000 500 invoices insuring the factory 300,000 40,000 square feet designing packaging 75,000 2 models required: 1. compute a single plantwide overhead rate, assuming that the company assigns overhead based on 125,000 budgeted direct labor hours. 2. in january 2017, the deluxe model required 2,500 direct labor hours and the basic model required 6,000 direct labor hours. assign overhead costs to each model using the single plantwide overhead rate.

Provide three examples of how the purpose of investing is different than the purpose of saving

Which type of tax is imposed on specific goods and services at the time of purchase? question 12 options: estate excise general sales value-added