DEF Co. is considering replacing an old machine with a new machine. The fiancial details are as follows: Old Machine: New Machine: Cost Selling Price Total operating Costs over 6 years Cost Total operating Costs over 6 years 50,000 20,000 240,000 2. Should the Old Machine be replaced and why? 100,000 310,000 Required: 1. Calculate the Differential Income (Loss) of replacing the Old Machine (Alt 1) with the New Machine (Alt 2).

DEF Co. is considering replacing an old machine with a new machine. The fiancial details are as follows: Old Machine: New Machine: Cost Selling Price Total operating Costs over 6 years Cost Total operating Costs over 6 years 50,000 20,000 240,000 2. Should the Old Machine be replaced and why? 100,000 310,000 Required: 1. Calculate the Differential Income (Loss) of replacing the Old Machine (Alt 1) with the New Machine (Alt 2).

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Zina Manufacturing Company started and completed Job 501 in December with the following Job Cost Sheet and transferred it to the warehouse. Direct Materials Date Dec 17 Dec 30 Total Direct Labor Amount Date Amount $2,000 Dec 20 $4,000 8,000 Dec 30 3,800 Total Job Cost Sheet - Job No. 501 Total Cost The journal entry to record the transaction is A) WIP Inventory FG Inventory B) Cost of Goods Sold WIP Inventory C) FG Inventory WIP Inventory D) FG Inventory WIP Inventory Debit Credit 35,800 17,800 17,800 Manufacturing Overhead Date Amount Dec 24 $10,000 Dec 30 8,000 Total 35,800 35,800 17,800 17,800 35,800
Topic: Uni X U2_AS i Topic: Uni X M Question X M Question x M Question √x ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https% 253A%252F%252Flms.mheducation.com%252Fmghmiddle Complete this question by entering your answers in the tabs below. Required 1 Required 2 F2 Moab Incorporated manufactures and distributes high-tech biking gadgets. It has decided to streamline some of its operations so that it will be able to be more productive and efficient. Because of this decision it has entered into several transactions during the year. a. Moab Incorporated sold a machine that it used to make computerized gadgets for $30,600 cash. It originally bought the machine for $21,400 three years ago and has taken $8,000 in depreciation. b. Moab Incorporated held stock in ABC Corporation, which had a value of $23,000 at the beginning of the year. That same stock had a value of $26,230 at the end of the year. c. Moab Incorporated sold some of its inventory for $9,200…