On December 31, 2019, Ivanhoe Company leased machinery from Terminator Corporation for an agreed upon lease term of 3 years. Ivanhoe agreed to make annual lease payments of $13,500, beginning on December 31, 2019. The expected residual value of the machinery at the end of the lease term is $6,750, though Ivanhoe does not guarantee any residual value to Terminator. What amount will Ivanhoe record as its lease liability on December 31, 2019, if its incremental borrowing rate is 8% and the implicit rate of the lease is unknown

Caleb construction (cc) incurs supervisor salaries expense in the construction of homes. if cc manufactures 100 homes in a year, fixed supervisor salaries will be $400,000. with the current construction supervisors, cc's productive capacity is 150 homes in a year. however, if cc is contracts to build more than 150 homes per year, it will need to hire additional supervisors, which are hired as full-time rather than temporary employees. cc's productive capacity would then become 200 homes per year, and salaries expense would increase to $470,000. how would cc’s salaries expense be properly classified? fixed variable mixed stepped curvilinear