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Question
Ngu owns equipment that cost $93,500 with accumulated depreciation of $64,000. Ngu asks $35,000 for the equipment but sells the equipment for $33,000. Compute the amount of gain or loss on the sale.A.$3,500 loss.
B.$5,500 gain.
C.$5,500 loss.
D.$3,000 gain.
E.$3,500 gain.
Answer
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Direct labor X X
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Variable manufacturing overhead
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Direct materials
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Match the following
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Q:
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Q:
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Given the Cool Pools Company data, what is net income using absorption costing?
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