a. 1,400,000b. 1,200,000c. 1,500,000d.1,410,000 20Acctg%202020%20Vol%201%20Conrado'%201%2Problem 26-21 (IAA)Queer Company provided the following charges to the repairand maintenance account:Service contract on office equipmentInitial design fee for proposed extension of office buildingNew condenser for central air conditioning unitPurchase of executive chairs and desksPurchase of storm windows and screens and theirinstallation on all office windowsSealing of roof leaks in production areaReplacement of door to production areaInstallation of automatic door-opening systemOverhead crane for assembly department to speedup productionReplacement of broken gear on machine100,000150,00010,000200,000500,00080,00050,000200,000350,00060,000What total amount of expenditures should be capitalized?a. 1,400,000b. 1,200,000

NOTES : 1. INITIAL DESIGN FEE IS NOT YET RECORDED SINCE THERE IS NO EXTENSION OF THE OFFICE BUILDING…

Answered: Queer Company provided the following…

Pkg Acc Infor Systems MS VISIO CD

10th Edition

ISBN:9781133935940

Author:Ulric J. Gelinas

Publisher:Ulric J. Gelinas

Chapter17: Acquiring And Implementing Accounting Information Systems

Section: Chapter Questions

Problem 1SP

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Question 11 You are contemplating leaving your full-time employment to concentrate your ability on the marketing of a new low-energy portable heater. You have spoken to a group of manufacturers of similar product, and you have produced the following data based upon the production of 1200 heaters in the six months to December 31, 2021. R R Unit selling price 160 Less: Direct materials 50 Direct labour 30 Fixed Overheads: Admin 4.00 Rent 7.50 Rates…
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