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Tasya [4]
1 year ago
12

Equipment cost $67,200 and is expected to be useful for 8 years and have no salvage value. unde the straight line method, monthl

y depreciation will be?
Business
1 answer:
OleMash [197]1 year ago
8 0

The monthly depreciation will be $8000.

In accountancy, depreciation refers to two components of the equal idea: first, the real lower of fair fee of an asset, which include the lower in value of manufacturing unit gadget each year as it's far used .

Depreciation is used on a profits declaration for almost every enterprise. it is indexed as a cost, and so should be used every time an object is calculated for year-end tax purposes or to determine the validity of the item for liquidation purposes.

Annual depreciation is not taken into consideration as an asset because assets constitute something in order to produce financial cost to the organization during the last. And accumulated depreciation does now not produce the enterprise's financial fee as amassed depreciation itself shows the credit score stability.

Annual depreciation as per straight line method = ( 104,000 - $8,000) /10

Annual depreciation as per straight - line method = $96,000/10

Annual depreciation as per straight line method = $9600

∴ monthly depreciation as per straight line = $96000 * 1/12

                                                                       = $8000

Learn more about depreciation here:-brainly.com/question/1203926

#SPJ4

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XYZ makes and sells bicycle parts. Last year XYZ sold 6,000 handlebars, generating sales of $180,000. This year they are conside
mr_godi [17]

Answer:

a. XYZ's average selling price per handlebar last year was $30

b.

XYZ's total variable costs last year were $36,000

c. XYZ's average unit variable costs last year were $6

d. XYZ's average unit contribution margins ($) last year were $24

Explanation:

a.

XYZ's average selling price per handlebar last year = Total Sales/number of handlebars sold = $180,000/6,000 = $30

b.

XYZ's total variable costs last year = total costs - fixed costs = $100,000 - $64,000 = $36,000

c. XYZ's average unit variable costs last year = Total variable costs/number of handlebars = $36,000/6,000 = $6

d. XYZ's average unit contribution margins ($) last year = Selling price per handlebar - average unit variable costs = $30 - $6 = $24

7 0
3 years ago
Cool Fan Company sells 10,000 units to wholesalers each year at $60 per unit. The materials cost $10 per fan and unit labor cost
eimsori [14]

Answer:

e. $ 350,000

Explanation:

Given: Total number of units= 10000.

           Selling price= $60 per unit.

           The material cost= $10 per fan

           Labor cost= $15 per unit.

           Promotion and marketing cost= $100000.

           Facility expense= $80000.

           Other overhead cost= $20,000.

Now, finding the variable cost of fan.

Variable cost= Total\ material\ cost + Labor\ cost

Variable cost= (\$ 10\times 10000+ \$ 15 \times  10000)

⇒ Variable cost= \$ 100000+\$ 150000= \$ 250000

∴ Variable cost= $250000.

Selling price= (\$ 60\times 10000)= \$ 600000

∴ Selling price of fan is $600000.

Unit contribution= (selling\ price - variable\ cost)

Next find the unit contribution of each fan.

⇒ Unit contribution=  (\$ 600000 - \$ 250000)

∴ Unit contribution of each fan is $350000.

8 0
3 years ago
Seymour Clothing Co. manufactures a variety of clothing types for distribution to several major retail chains. The following cos
tia_tia [17]

Answer:

a. Variable cost

b. Fixed cost

c. Fixed cost

d. Mixed cost

e. Variable cost

f. Variable cost

g. Variable cost

h. Fixed cost

i. Variable cost

j. Mixed cost

k. Mixed cost

l. Mixed cost

m. Variable cost

n. Variable

o. Fixed cost

p. Fixed cost

q. Fixed cost

r. Variable cost

s. Variable cost

t. Fixed cost

Explanation:

Note the following categories of costs:

Variable cost: This are cost that are subject to change such cost includes purchase cost of supplies, bills based on usage, hourly wages expenses.

Fixed cost: are generally recognisable cost that are stable over time, such as rent, salary, specific expense that have a fixed price etc.

From the overall analysis of the cost of Seymour Clothing Co. it is noticed that most of their expenses are variable in nature with less of mixed and fixed expenses (cost).

3 0
4 years ago
If stock ghi has an initial price of $100. two years later the price is $132. what is ghi's geometric mean rate of return?
sashaice [31]

An initial price of $one hundred. years later the charge is $132.The ghi's geometric implies a rate of return ($132/$a hundred)^half of - 1 = 14.89%.

A rate of return (RoR) is the net advantage or lack of funding over a distinctive time period, expressed as a percent of the funding's preliminary cost. 1 while calculating the rate of return, you're figuring out the proportion trade from the beginning of the length till the stop.

The yearly fee for the rate of return is the share change within the cost of funding. for example: if you count on you earn a ten% annual charge for going back, then you are assuming that the price of your investment will grow with the aid of 10% every yr.

For instance, if funding is well worth $70 at the give up of the 12 months and turned into bought for $60 at the beginning of the yr, the annual rate of return could be sixteen. sixty six%.

ROI is calculated by subtracting the initial cost of the funding from its final price, then dividing this new variety by way of the cost of the investment, and, sooner or later, multiplying it with the aid of one hundred. The price of return is calculated as follows: (the funding's modern cost – its initial value) divided via the preliminary value; all times one hundred. Multiplying the outcome enables to the expression of the outcome of the system as a percentage.

Learn more about the rate of return here

brainly.com/question/24301559

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7 0
2 years ago
The NGO decided to give out brochures to the villagers about how they can protect themselves from water borne diseases. Since th
Naddik [55]

Answer:

B.

Explanation:

Based on the scenario being described within the question it can be said that NGO has adapted the research technique of Copy Testing, in order to understand the education level of the audience. This technique field of research that focuses on determines an advertisement's effectiveness based on consumer responses, feedback, and behavior.

4 0
3 years ago
Read 2 more answers
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