Answer:
A. Year 2 $31,500
Year 2 $31,500
B. Year 1 = 63,000
Book Value of Tractor $252,000
Year 2 $ 50,400
Book Value of Tractor $201,600
Explanation:
a. Calculation to Determine the depreciation for each of the first two years by the straight-line method
Year 1 = $315,000 / 10
Year 1 = $31,500
Year 2 = $315,000 / 10
Year 2= $31,500
B) Calculation to determine the depreciation for each of the first two years by the double-declining-balance method
Based on the information given we are first going to calculate the percentage of depreciation using straight line method and then double it
Percentage = $ 315,000 *10%
Percentage=$31,500
Now let depreciation the book value each year by 20% Using the double-declining-balance method method
Year 1=20% of $ 315,000
Year 1= 63,000
Book Value=$315,000 - $63,000
Book Value= $ 252,000
Year 2= 20% of 252,000
Year 2 = $ 50,400
Book Value=$ 252,000 -$50,400
Book Value= $201,600
Answer:
producer-centered logistics
Explanation:
When it comes to marketing, <u>consumers and customers always come first</u>. There isn't such thing as producer-centered logistics (<u>not that i know of at least</u>) because the producers need to focus on the business and customers not themselves.
In the short-run, fixed costs<u> all</u> with the quantity produced. Variable costs<u> at least some</u> with the quantity produced.
A Variable cost is a corporate price that changes in share to how plenty an employer produces or sells. Variable charges grow or decrease depending on an enterprise's manufacturing or income extent—they rise as manufacturing will increase and fall as production decreases.
Variable costs are charges that trade as the volume changes. Examples of variable costs are raw substances, piece-price labor, manufacturing resources, commissions, transport charges, packaging resources, and credit card expenses. In some accounting statements, the Variable costs of manufacturing are called the “fee of goods offered.”
Variable costs are prices that trade as the quantity of the good or carrier that a commercial enterprise produces modifications. Variable charges are the sum of marginal fees over all devices produced. They also can be taken into consideration in everyday expenses. Fixed charges and variable expenses make up the 2 components of general value.
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Answer:
The amount that the lighting plant be charged from the payroll department for its services is $25,000
Explanation:
Provided data from the question:
Payroll budget = $100,000
number of checks issued per week = 4000
number of employees = 1000
Since, the service department charge rate is calculated as the total service department expense divided by total service department usage, the amount that should be charged from the payroll department for its services;
= $100,000 ÷ 4,000
= $25 × 1,000
= $25,000.
Personal loans are unsecured loans offered by financial institutions based on factors such as employment history, repayment capacity, income level, profession, and credit history.
<h3>How do personal loans work?</h3>
When you are approved for a personal loan, the funds are often sent directly into your checking account. When you acquire a loan to refinance current debt, you can occasionally ask your lender to pay your invoices directly.
Prepare to begin payback within 30 days, regardless of how you receive your payments. If you have a variable-rate loan, your interest rate will fluctuate, which may cause the amount you owe to alter from month to month.
When you pay off your personal loan, the credit line is closed.
Thus, Option D is correct which describes personal loans.
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