Answer:
$7,200
Explanation:
According to the scenario, computation of the given data are as follows,
Total cost = $84,000
Salvage value = $12,000
Estimated life = 10 years
So, we can calculate depreciation expense by using following formula,
Depreciation yearly = (Total cost - Salvage value) ÷ Estimated life
= ($84,000 - $12,000) ÷ 10
= $72,000 ÷ 10
= $7,200
Per capita GDP is GDP divided by total population.
<h3>What is a Per capita GDP?</h3>
This refers to an economic tool that measures the total output of a country by taking a gross domestic product and divides it by number of people.
Hence, the Per capita GDP is derived by calculating the GDP divided by total population.
Therefore, the Option E is correct.
Read more about Per capita GDP
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Answer:
$51.00
Explanation:
Calaulation of Baka Corporation predetermined overhead rate for the year.
Formula for predetermined overhead rate:
Predetermined overhead rate=Estimated overhead÷Estimated direct labor hours
Where,
Estimated overhead= 239,700
Estimated direct labor hours= 4,700
Let plug in the formula
(239,700/4700)
=$51 per direct labor hour
Therefore the predetermined overhead rate for the year was closest to $51 per direct labor hour.
Answer:
a good decision requires that we recognize both viewpoints
Explanation:
Based on this information it can be said that an economist would most likely state that a good decision requires that we recognize both viewpoints. That is because every decision will affect everyone, but some individuals will be affected positively while others will be affected negatively. Therefore trying to recognize the viewpoint of both sides will allow for decisions that are as fair as possible to both sides.
Answer:
8.66%
Explanation:
The computation of the real rate of return is shown below:
Real rate of return = {( 1 + nominal rate of return) ÷ ( 1+ inflation rate)} - 1
= {( 1 + 11.65%) ÷ ( 1 + 2.75%)} - 1
= {(1.1165) ÷ (1.0275)} - 1
= 1.086 - 1
= 0.0866 or 8.66%
We simply apply the formula in which the numerator is nominal rate of return and denominator is inflation rate of return