Answer:
2016 - $36,450
2017 - $48,600
Explanation:
Straight line depreciation expense = (Cost of asset - Salvage value) / useful life
($286,000 - $43,000) / 5 = $48,600
the depreciation expense each year would be $48,600 except in 2016 because it the machine was only used for 9 months
Depreciation expense in 2016 = (9 / 12) x $48,600 = $36,450
Answer:
73.22
Explanation:
You first multiple 12 by 3.50 and 1.74
From there, you get:
9 + 1.34 + 12 + 42 + 20.88
After that, you just simply add all the variables together.
Hope this helped!
Answer: Tax dollars are used to meet a public need indirectly. That is, the proceeds from the collection are applied to finance various public services for the benefit and satisfaction of citizens.
Answer:
Just-in-time manufacturing.
Explanation:
A Just in Time (JIT) is a manufacturing control system in which no materials are purchased and no products are manufactured until they are needed.
A primary goal of the JIT production system is to eliminate inventories at every stage of production from raw materials to finished goods.
Raw materials are purchased only when need at some stage of production. Finished Goods are manufactured only as needed to fill customers orders.
Tremendous cost savings have been realized by many companies that have adopted the JIT approach.
Answer:
Profit maximizing condition is MR = MC
Under Stackelberg model, follower best response function is used to find quantity sold by leader.
See attached pictures.
Explanation:
See attached pictures for detailed explanation.