Answer: $14,985
Explanation:
Using the Units-of-Production method means that the asset is depreciated based on how many times it is used.
The formula is;
= ( Cost - Salvage Value)/Total Usage
= (67,600 - 1,000) / 200
= $333 per concert
Equipment depreciates by $333 per concert.
First year has 45 concerts;
= 333 * 45
= $14,985
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Answer:
The right option is (C)
Explanation:
The economic model of corporate social responsibility explains that a company should focus on providing their customers with the best product possible and they should manufacturing goods which public needs. The only way to benefit society is to leave society alone and work to provide market profit products that society needs. The management of online retail store is establishing a complete opposite framework.