1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
snow_tiger [21]
2 years ago
6

Cheetah Copy purchased a new copy machine. The new machine cost $134,000 including installation. The company estimates the equip

ment will have a residual value of $33,500. Cheetah Copy also estimates it will use the machine for four years or about 8,000 total hours. Actual use per year was as follows:
Business
1 answer:
RSB [31]2 years ago
4 0

Answer:

1,000.12

Explanation:

You might be interested in
Yvonne works for a discount store that sells items only online. She is putting together a report and needs information pertainin
vazorg [7]

Answer:

encryption

Explanation:

i think

8 0
3 years ago
Tanning Company analyzes its receivables to estimate bad debt expense. The accounts receivable balance is $360,000 and credit sa
VARVARA [1.3K]

Answer:

Account titles and explanation       Debit                 Credit

bad debt expense                           $16,800  

allowance for d doubtful account                                $16,800

Explanation:

Aging of accounts =5% of accounts receivable

Which is 360,000 x 5% = 18,000 expected allowance

current balance before adjustment  =1,200 credit

Adjustment = 18,000 - 1,200 = 16,800

Adjusting entry BY Tanning Company

Account titles and explanation       Debit                 Credit

bad debt expense                           $16,800  

allowance for d doubtful account                                $16,800

3 0
2 years ago
There are 100 consumers, each of whom values a concert ticket at a unique whole number dollar amount between $1 and $100. one cu
babymother [125]
<span>100 customers each valuing a ticket for a consecutive dollar amount between $1 and $100 would lead to a total available customer value of $5050. If there are 100 tickets available at $15, the market value of the tickets is $1500. People valuing the tickets at less than $15 will reduce the surplus by $62.50, and people valuing the tickets at more than $15 will increase the surplus by $3675. Therefore the total consumer surplus in this market is $3,612.50.</span>
6 0
3 years ago
Opportunity costs occur when decisions are made. economists recommend that those decisions be based on what?
zhannawk [14.2K]
Those decisions should be based on COSTS AND BENEFITS.
In making decision on which course to follow, the decision made will be based on the costs of the products involved and the benefits that each one of them has to offer. The product with the lowest cost and the highest benefits should be chosen.
6 0
3 years ago
Crusher Company has provided the following data for maintenance cost:
Firdavs [7]

Answer:

Total Fixed Cost: $13,020

Explanation:

Fixed cost is calculated using high low method.

High low method seeks to find variable cost per hour / unit by dividing the difference of cost (total cost at two levels) with difference of activity level. Than variable cost is reduced from total cost to identify the fixed cost. Below is the calculation:

Current year cost: $ 37,850        Current year machine hours: 19,100

Prior year cost:      $ 33,300        Prior year machine hours:     15,600

Variable cost per machine hour = <u>Current year cost - Prior year cost</u>

                                      Current year machine hour - prior year machine hour

Variable cost per machine hour: <u>37,850 - 33,300</u> = $1.30 per machine hour

                                                       19,100 - 15,600

Variable cost current year: ($1.30 * 19,100) = $24,830

Variable cost prior year: ($1.30 * 15,600) = $20,280

Fixed cost: Total cost - variable cost

Fixed cost current year: 37,850 - 24,830 = $13,020

Fixed cost prior year:     33,300 - 20,280 = $13,020

7 0
3 years ago
Other questions:
  • Chrzan, Inc., manufactures and sells two products: Product E0 and Product N0. Data concerning the expected production of each pr
    13·1 answer
  • A company's ________ is similar to a company's personality.
    15·1 answer
  • Income __________ when there is zero beginning inventory and all inventory units produced are sold. will be lower under variable
    5·1 answer
  • When conducting a financial analysis of a firm, financial analysts:?
    6·1 answer
  • After hearing a knock at your front door, you are surprised to see the Prize Patrol from your state’s online lottery agency. Upo
    9·1 answer
  • Having decided what secondary sources you will use, you now need to decide whether you elect to use any primary sources for obta
    15·1 answer
  • From an economic point of​ view, India and China are somewhat​ similar: Both are​ huge, low-wage​ countries, probably with simil
    12·1 answer
  • Explain the role of secondary data in gaining customer insights<br>​
    13·1 answer
  • Concord Inc. had beginning inventory of $11,900 at cost and $21,000 at retail. Net purchases were $140,679 at cost and $183,000
    9·1 answer
  • Help help businesses please please
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!