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Questions Bank (1274028 total)

On June 18, year 4, Dell Printing Co. incurred the following costs for one of its printing presses.

Purchase of collating and stapling attachment $84,000

Installation of attachment 36,000

Replacement parts for overhaul of press 26,000

Labor and overhead in connection with overhaul 14,000

The overhaul resulted in a significant increase in production.

Neither the attachment nor the overhaul increased the estimated useful life of the press.

What amount of the above costs should be capitalized

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A steel press machine is purchased for $50,000 cash and a $100,000 interest bearing note payable.

The cost to be recorded as an asset (in addition to the $150,000 purchase price) should include all

of the following except

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A company has just purchased a machine for $100,000 that has a five-year estimated useful life and

a zero estimated salvage value. It is expected to be used to produce 250,000 units of output, and

75,000 of those units are expected to be produced in the first year. Which of the following

depreciation methods will result in the greatest amount of depreciation expense for this machine in

its first year

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Maple Industries purchased a lathe on June 1, Year 1,the beginning of the fiscal year. The lathe

cost $43,200 and has an estimated salvage value of $3,600 and an estimated useful life of 8 years.

The lathe has been used throughout the year.

Assuming that Maple Industries follows half year convention and recognizes, one-half year's depreciation on all assets purchased or

sold during the year, the amount of straight-line depreciation that would be taken for financial

reporting purposes in the fiscal year ending May 31, Year 2 would be

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A company buys 500 chairs for $80 each on Jan 1 year 1. The same company buys another 100 chairs for $100 each on the same day. There is no salvage value for none of the chairs. The cheaper chairs have a life of 8 years and the more expensive chairs have a life of 10 years. All of these chairs are put together into a single group for depreciation purposes. At the beginning of Year 3, one of the cheaper chairs is sold for $67 and one of the more expensive chairs is sold for $79. What gain or loss is recognized in connection with the sale of these 2 chairs
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Merry Co. purchased a machine costing $125,000 for its

manufacturing operations and paid shipping costs of $20,000.

Merry spent an additional $10,000 testing and preparing the

machine for use. What amount should Merry record as the cost

of the machine

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On January 1, Year One, a machine is bought for $100,000 with a 10 year and a $20,000 salvage value. The company uses SLM of depreciation. If the company had used double declining balance, how much lower would the total assets be on the company’s Dec 31, Year 2 Balance Sheet
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Since Year 1, Ames Steel Company has replaced all of its major manufacturing equipment and now

has the following equipment recorded in the appropriate accounts. Ames uses a calendar year as its

fiscal year.

A forge purchased January 1, Year 1 for $100,000. Installation costs were $20,000, and the

forge has an estimated 5-year life with a salvage value of $10,000.

A grinding machine costing $45,000 purchased January 1, Year 2. The machine has an

estimated 5-year life with a salvage value of $5,000.

A lathe purchased January 1, Year 4 for $60,000. The lathe has an estimated 5-year life with a

salvage value of $7,000.

Using the sum-of-the-years'-digits method, Ames' Year 4 depreciation expense (rounded to the

nearest dollar) is

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Dégagez

la problématique en TROIS problèmes tel qu’il expliqué dans la fiche de méthode

2 p. 98-100. RAPPEL : le premier problème est un CONFLIT DE VALEURS ou de

NORMES (Voir listes de normes et de valeurs p. 23) et les deux autres

problèmes sont deux questions.

Exemple :

Doit-

on interdire l’avortement

Regardons avec précision quels sont les problèmes au cœur de cette question

éthique. D’abord, il existe une tension entre le droit à la vie [valeur/norme 1] du

futur bébé, puisque avortement signifie la fin de la vie du fœtus [explication de

la valeur 1] et la liberté [valeur/norme 2, opposée dans ce cas à la première] de la mère, celle de choisir ou non de poursuivre sa grossesse [explication de la valeur

2].Ensuite, il y a la question délicate de la définition de la vie : à quel moment de

la grossesse peut-on parler de vie ? [problème 2 : sous-question] Enfin, si on

interdit l’avortement y a-t-il des risques au niveau de la société comme la perte

de la valeur de la vie ou encore le risque d’enfants non désirés? [problème 3 :

sous-question]

Question: Faut-il rétablir la peine de mort ?

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Évaluez

cet argument en utilisant UN des méta-critères p. 8 à 11 : SUFFISANCE,

ÉLÉMENT NÉCESSAIRE, UNIVERSALITÉ.

Dites

si

l’argument est solide ou non. Puis dites pourquoi en

nommant

CLAIREMENT

UN des 3 méta-critères puis étayant votre réponse en disant pourquoi

l’argument est conforme à ce méta-critère (ex. :  pourquoi il est nécessaire) ou pourquoi non.

Voir

des exemples, p. 8 à 11.

Notez que la correction se fera en classe.

 

Je pense qu’on devrait autoriser les

« bébés-médicaments » car après tout, un bébé-médicament appartient à

ses parents, en tant qu’auteurs des jours de l’enfant.

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