Chapter 9, Problem 9.1IP

A business sold a forklift for $24,000 cash. The forklift costs $62,000 and had accumulated depreciation of $45,000 as of the date of sale. The sale would include a(n): A. increase in Accumulated Depreciation for $45,000 B. decrease in Forklift for $17,000 C. increase in a loss for $7,000 D. increase in a gain for $7,000

Each question separate please.

Bob Disposition, Inc. has net working capital of $32,500, current assets of $59,000, equity of $74,500, and long-term debt of $42,500. What is the amount of the net fixed assets? a. $58,000 b. $84,500 c. $94,600 d. $63,900 e. $111,000 HELP

Please explain the solution to this general accounting problem with accurate explanations.

Hi expert please help me this question

Compute the missing amount

Minecraft manufacturing has the following overhead costs and cost drivers

I need help with this general accounting question using standard accounting techniques.

Green Co. applies overhead at $10 per labor hour. It incurred $450,000 of actual overhead and reported $5,000 in overapplied overhead. How many direct labor hours were actually worked?