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mezya [45]
2 years ago
11

Swifty Corporation purchased a new machine on October 1, 2022, at a cost of $115,000. The company estimated that the machine wil

l have a salvage value of $10,500. The machine is expected to be used for 10,000 working hours during its 5-year life. (a) Compute the depreciation expense under straight-line method for 2022. 2022 Depreciation expense $enter depreciation expense amount in dollar
Business
1 answer:
stiks02 [169]2 years ago
8 0

The depreciation expense under straight-line method for 2022 is $5225.

<h3>What is the depreciation expense?</h3>

The straight-line depreciation allocates the depreciation expense evenly over the useful life of an asset.

Straight line depreciation expense = (Cost of asset - Salvage value) / useful life

(115,000 - $10,500) / 5 = $20,900

Depreciation expense in 2022 = 3/12 x 20,900  = $5225

To learn more about straight line depreciation, please check: brainly.com/question/6982430

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8 0
3 years ago
The _____ curve represents the full employment capacity of the economy and depends on the amount of resources available for prod
julia-pushkina [17]

The Long-Run Aggregate Supply curve represents the full employment capacity of the economy and depends on the amount of resources available for production and the available technology.

<h3>What is Long-Run Aggregate Supply Curve?</h3>

The Long-Run Aggregate Supply (LRAS) Curve depicts the relationship between price level and real GDP that would exist if all prices, including nominal wages, were completely flexible. Along the LRAS, prices can move, but production cannot since it represents the output of full employment.

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5 0
2 years ago
Producer surplus equals a. Value to buyers - Costs of sellers. b. Amount received by sellers - Costs of sellers. c. Value to buy
aev [14]

Answer:

Amount received by sellers - Costs of sellers. 

Explanation:

Producer surplus is the difference between the price of a good and the cost to sellers. It is the difference between price and the least amount sellers would be willing to sell their products.

Consumer surplus is the difference between the price at which the consumer values the good and the price of the good.

Consumer surplus = Value to buyers - Amount paid by buyers.

I hope my answer helps you

5 0
3 years ago
Relevant information is information you can’t trust
Fantom [35]

Answer:

Relevant information is data that can be applied to solve a problem

Explanation:

4 0
3 years ago
A high school plan acts as a ?
san4es73 [151]

Answer:

<h3>Question:</h3>

A highschool plan acts a ?

Explanation:

<h3>My answer:</h3>

B. list of goals for social life

that is your strategy.

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3 years ago
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