Answer:
The depreciation expense for Year 1 under units of production method is $5200.
Explanation:
The units of production method of depreciation charges the depreciation expense based on the activity level for which the asset was used during a period. There is an estimated useful life of the asset in terms of how many units it is expected to produce through out its useful life. The formula for units of production method of depreciation is,
Depreciation charge per unit = (Cost - Salvage value) / Total estimated useful of asset in units
Thus, per unit depreciation is = (30000 - 6000) / 60000 = $0.4 per mile
In the first year, the asset is used for 13000 miles so depreciation expense for the year is,
Depreciation expense Year 1 = 0.4 * 13000 = $5200
<span>a.price floor
Where the government fixes the minimum retail price</span>
The right answer for the question that is being asked and shown above is that: "C. work-related knowledge." the chief reason why a person would become a supervison is that of <span>work-related knowledge .</span>
Explanation:
5.From which of the following, we get more sun's energy-
1 point
Eating other people
Answer:
Variable cost per unit = $1.5 per unit
Fixed cost = $14,558
Explanation:
Variable cost per unit
= cost at high activity - cost at low activity/High activity -low activity
=$(74,798- $41,663) / (40,160 -18,070) units
= $1.5 per unit
Fixed cost
Total fixed cost = cost at high activity - ( vc per unit × high activity)
= 74,798 - (1.5 × 40,160)
= $14,558
Variable cost per unit = $1.5 per unit
Fixed cost = $14,558