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NeX [460]
2 years ago
9

Blossom Company purchased a delivery truck for $32,000 on July 1, 2022. The truck has an expected salvage value of $4,000, and i

s expected to be driven 100,000 miles over its estimated useful life of 8 years. Actual miles driven were 15,000 in 2022 and 12,000 in 2023. Blossom uses the straight-line method of depreciation. (a) Compute depreciation expense for 2022 and 2023. Depreciation Expense 2022 2023 Straight-line method$ $
Business
1 answer:
Nookie1986 [14]2 years ago
7 0

The straight line depreciation expense in 2022 is $1500.

The straight line depreciation expense in 2023 is $3000.

<h3>What is the depreciation expense in 2022 and 2023?</h3>

The striaght line depreciation method spreads out the depreciation expense equally over the useful life of the project.

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

($32,000 - $4,000) / 8 = $3000

The depreciation expense each year would be $3000 except in 2022 when the truck was used for 6 months.

Depreciation expense in 2022 = 6/12(3000) = $1500

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

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Imagine you are using design process to create a new kind of kite. You’ve researched and explored what other kite designers have
Nina [5.8K]

Answer:

Next step would be to design the kite

Explanation:

Design Process is the process which follows an approach for breaking down a big project into manageable and controllable chunks.

The steps which are followed in this process are:

1. Explore or Research

2. Design

3. Build

4. Text

5. Improve

In this case, want to create a kite, so have done the research, after that the next step is to design the product.

3 0
3 years ago
Bristo Corporation has sales of 1,000 units at $60 per unit. Variable expenses are 40% of the selling price. If total fixed expe
Misha Larkins [42]

Answer:

3.60

Explanation:

Given that,

Sales units = 1,000

Sales price per unit = $60

Variable expenses = 40% of the selling price

Total Fixed cost = $26,000

Contribution margin per unit:

= Selling price - Variable cost

= $60 - ($60 × 40%)

= $60 - $24

= $36

Total contribution:

= Contribution margin per unit × Sales units

= $36 × 1,000

= $36,000

Profit = Total contribution - Fixed cost

         = $36,000 - $26,000

         = $10,000

Degree of operating leverage:

= (Sales - Variable costs) ÷ (Sales - Variable costs - Fixed Expenses)

= (60,000 - 24,000) ÷ (60,000 - 24,000 - 26,000)

= 36,000 ÷ 10,000

= 3.60  

8 0
3 years ago
A client who has been training at high intensities in preparation for a triathlon reports joint pain, excess fatigue, and the in
ser-zykov [4K]

Answer:

The correct answer to the following question is option B) Exhaustion .

Explanation:

The general adaptation syndrome can be described as 3 stage response , that body has to stress. These are alarm reaction, resistance and exhaustion. Exhaustion is the third stage in the general adaptation syndrome, where the body has already lost its energy resources by continuously trying but the body is not able to recover from the first alarm reaction stage. In this stage body is no longer able to fight the stress.

7 0
3 years ago
What does the underlined sentence reveal about grandma?
marin [14]
The answer to this question will be C
7 0
3 years ago
Read 2 more answers
Hadley, a business researcher, believes that organizations will have to spend a lot of money on employee health care in the futu
jeka57 [31]

Answer: A. The fastest-growing share of the workforce is at least 55 years old.

Explanation:

The options to the question are:

A. The fastest-growing share of the workforce is at least 55 years old.

B. The fastest-growing age group is workers 16-25, who are prone to having accidents.

C. The largest proportion of the labor force is expected to be in the 16- to 25-year age group.

D. The total cost of labor in the United States will decrease considerably in the near future.

E. The labor force is expected to grow at a greater rate by 2026 than at any other time in U.S. history.

From the question, we are informed that Hadley, a business researcher, believes that organizations will have to spend a lot of money on employee health care in the future while Owen argues that organizations will not have to increase their spending on employee health care benefits.

The statement that weakens Owen's argument is that the fastest-growing share of the workforce is at least 55 years old. This simply means there are more old people incthe the workforce and that means there'll be more tendency for them to go to hospitals when ill compared to youths who'll be stronger.

5 0
3 years ago
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