subject
Business, 14.11.2019 07:31 bruh972

An asset (not an automobile) put in service in june 2015 has a depreciable basis of $35,000 and a recovery period of 5 years. assuming half-year convention, no bonus depreciation, and no election to expense is made, what is the maximum amount of cost that can be deducted in 2015?

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 01:00
The following account balances at the beginning of january were selected from the general ledger of fresh bagel manufacturing​ company: work in process inventory ​$0 raw materials inventory $ 29 comma 000 finished goods inventory $ 40 comma 900 additional​ data: 1. actual manufacturing overhead for january amounted to $ 62 comma 600. 2. total direct labor cost for january was $ 63 comma 600. 3. the predetermined manufacturing overhead rate is based on direct labor cost. the budget for the year called for $ 255 comma 000 of direct labor cost and $ 382 comma 500 of manufacturing overhead costs. 4. the only job unfinished on january 31 was job no.​ 151, for which total direct labor charges were $ 5 comma 700 ​(1 comma 000 direct labor​ hours) and total direct material charges were $ 14 comma 400. 5. cost of direct materials placed in production during january totaled $ 123 comma 300. there were no indirect material requisitions during january. 6. january 31 balance in raw materials inventory was $ 35 comma 200. 7. finished goods inventory balance on january 31 was $ 35 comma 400. what is the cost of goods manufactured for​ january
Answers: 1
question
Business, 22.06.2019 17:30
An essential element of being receptive to messages is to have an open mind true or false
Answers: 2
question
Business, 22.06.2019 17:30
You should do all of the following before a job interview except
Answers: 2
question
Business, 22.06.2019 17:50
The management of a supermarket wants to adopt a new promotional policy of giving a free gift to every customer who spends > a certain amount per visit at this supermarket. the expectation of the management is that after this promotional policy is advertised, the expenditures for all customers at this supermarket will be normally distributed with a mean of $95 and a standard deviation of $20. if the management wants to give free gifts to at most 10% of the customers, what should the amount be above which a customer would receive a free gift?
Answers: 1
You know the right answer?
An asset (not an automobile) put in service in june 2015 has a depreciable basis of $35,000 and a re...
Questions
question
Social Studies, 16.07.2019 16:00
Questions on the website: 13722363