Because most business property is depreciated with MACRS, that’s the method that TurboTax applies by default. However, you can apply straight-line depreciation if you want. In fact, straight-line is the only option available for intangible assets, which can’t use...
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Direct manufacturing costs such as labor and overhead can be directly traced to a single product. PepsiCo, Inc., produces more than 500 products under several different brand names, including Frito-Lay, Pepsi-Cola, Gatorade, Tropicana, and Quaker. Net sales for 2010...