Marigold corp. purchased a taxicab on january 1, 2021 for $5 to use for its shuttle business. the cab is expected to have a five-year useful life and no salvage value. during 2022, it retouched the cab's paint at a cost of $2000, replaced the transmission for $5000 (which extended its life by an additional 2 years), and tuned-up the engine for $300. if marigold corp. uses straight-line depreciation, what amount of annual depreciation will marigold report for 2022?

Bandar industries berhad of malaysia manufactures sporting equipment. one of the company’s products, a football helmet for the north american market, requires a special plastic. during the quarter ending june 30, the company manufactured 35,000 helmets, using 22,500 kilograms of plastic. the plastic cost the company $171,000. according to the standard cost card, each helmet should require 0.6 kilograms of plastic, at a cost of $8 per kilogram. 1. what is the standard quantity of kilograms of plastic (sq) that is allowed to make 35,000 helmets? 2. what is the standard materials cost allowed (sq x sp) to make 35,000 helmets? 3. what is the materials spending variance? 4. what is the materials price variance and the materials quantity variance?

An outside supplier has offered to sell talbot similar wheels for $1.25 per wheel. if the wheels are purchased from the outside supplier, $15,000 of annual fixed overhead could be avoided and the facilities now being used could be rented to another company for $45,000 per year. direct labor is a variable cost. if talbot chooses to buy the wheel from the outside supplier, then annual net operating income would:

Explain the chemical change the causes corrosion