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Home Q & A Board Other Fields Homework Help Business Accounting
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LiChan LiChan
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7 years ago
The managers at Sunsource Manufacturing are considering replacing the overhead lift assembly used in its facility.

   Old   New
   Overhead   Overhead
   Lift   Lift
   Cost   $ 190,000   $ 250,000
   Estimated useful life   15 years   8 years
   Estimated salvage value   $   20,000   $   35,000
   Current age   7 years   N/A
   Estimated current fair value   $   85,000   N/A
   Annual operating cost   $   85,000   $ 110,000

REQUIRED:
Prepare a relevant cost schedule showing the benefit of keeping the old overhead lift assembly or buying a new one.
Textbook 
Survey of Accounting: Making Sense of Business

Survey of Accounting: Making Sense of Business


Edition: 1st
Author:
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suryoyosuryoyo
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7 years ago
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LiChan Author
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#2
7 years ago
Was looking for this exact answer, thanks
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#3
7 years ago
Alright!
Thumbs up me, please!
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