0
What else can I help you with?
What are expenditures that add to the utility of fixed assets for more than one accounting period?
Expenditures that add to the utility of fixed assets for more than one accounting period are typically capital expenditures (CapEx). These include costs for acquiring, upgrading, or improving fixed assets, such as machinery, buildings, or vehicles, which enhance their value or extend their useful life. Examples include major renovations, equipment purchases, and installation costs. Unlike operating expenses, these costs are capitalized and depreciated over their useful life on the balance sheet.
Is depreciation a direct or indirect cost?
Depreciation can be either a direct cost or an indirect cost, or it can be both direct and indirect.Let's illustrate this with the depreciation of a machine used in Department 23 of a manufacturer. The depreciation on that machine is a direct cost for Department 23. It is direct because it is traceable to Department 23 without any allocation.The depreciation of this same machine will be an indirect cost of the products manufactured with that machine. It is indirect because the depreciation is allocated to the products. Perhaps the machine in Department 23 has depreciation of $50,000 per year (cost of machine of $500,000 divided by 10 years of useful life). The $50,000 of annual depreciation is then assigned or allocated to products based on the number of hours that products use the machine. For example, if the manufacture expects 20,000 machine hours of use in the current year, then it assigns or allocates $2.50 ($50,000/20,000) per machine hour to each product using the machine. If Product #189 requires one hour of this machine's time, Product #189 will have $2.50 as part of its indirect costs. Indirect manufacturing costs are also referred to as manufacturing overhead, factory overhead, or burden.
What causes the profit for the year not to equal the net cash inflow?
You have several components that would cause changes in Cash flow and Net income. The first, and usually most intrusive is the way that capital asset (machines, buildings, etc.) are recorded. Purchasing a machine worth $50,000 causes an instant outflow of cash, however, you are able to amortize that same machine over it's useful life on the balance sheet. This means that if the machine has a useful life of 10 years, the amortization expense in the same year your purchased the machine (which remember was a $50,000 outflow of cash) will only be $5,000 (assuming straight-line amortization). This gives you a difference of $4,500 for the year. In subsequent years, the amortization expense will still be present at $5,000 (which counts towards your Net Income), however you did not have any cash transaction associated with the asset. This causes a $5,000 affect in the opposite direction.
When is a budget useful?
Budget is useful when you are running out of money and have to cut spending.
Why are reports in database useful?
businesses need report beacuse they are useful
What are expenditures that add to the utility of fixed assets for more than one accounting period?
Expenditures that add to the utility of fixed assets for more than one accounting period are typically capital expenditures (CapEx). These include costs for acquiring, upgrading, or improving fixed assets, such as machinery, buildings, or vehicles, which enhance their value or extend their useful life. Examples include major renovations, equipment purchases, and installation costs. Unlike operating expenses, these costs are capitalized and depreciated over their useful life on the balance sheet.
Will the regular cleaning of home furniture extend its useful life?
Regular care and cleaning of home furniture will extend its useful life. Routinely cleaning your home furniture will allow you to prevent problems that arise from lack of care and will allow you to find and repair, if possible, any normal wear-and-tear.
What is the world's useful machine?
What the most useful machine is, is a matter of opinion. Some would argue that the wheel is the most useful machine, and others would argue that the lever is the most useful.
How useful are machine?
A machine saves you force, changes distance, and changes direction. Those are the three ways in science that why machines are useful.
How do you useful technology to machine?
thjftuy6hju
What is the most useful machine?
the lever
How are proteins useful to our bodies?
They are very useful to our body as they are needed for growth and tissue repair
What is the worlds most useful machine?
the lever
What is the most useful simple machine?
bicycle
How much work put into a machine is changed to useful work put out by the machine?
90%
Is a measure of how much work put into a machine is changed to into useful work by the machine?
Efficiency
What do you think is the most useful machine for a student?
The computer.
