From Chapter 11:  Tastee Mart sells Frostee Flakes.  Demand…

From Chapter 11:  Tastee Mart sells Frostee Flakes.  Demand for Frostee Flakes is 500 boxes per week.  Tastee Mart has a holding cost of 30 percent and incurs a fixed cost of $100 for each replenishment order it places for Frostee Flakes.  Given that cost is $2 per box of Frostee Flakes, what is the optimal replenishment lot size? Assume 52 weeks per year and round to the nearest whole number.

On January 1, 2025, RUSSO RESTAURANTS remodeled their locati…

On January 1, 2025, RUSSO RESTAURANTS remodeled their locations by purchasing upgraded cooking equipment for cash at a cost of 450,000, The estimated residual value of the additional equipment was $20,000. The company uses the straight-line method to depreciate cooking equipment over 10 years.   At December 31, 2028, what amount will be reported for Accumulated Depreciation?