.70 since the top 8 firms produce 70% of the output.
The answer is B. this is because your talking about a man made tool used to carry out production.
Answer:
The depreciation at the end of first year = $3250
Explanation:
The cost of a new vehicle on July 1st = $42000
The estimated useful life of vehicle = 6 years
The salvage value of vehicle = $3000
It is given that the company uses the straight-line method for depreciation so we have to calculate the depreciation by subtracting the salvage value from its cost and dividing by years.
Depreciation = ($42000 – $3000) / 6 = $6500
So annual depreciation is $6500.
Therefore depreciation at the end of the first yThe depreciation at the end of first year = $3250ear that is for 6 months = $3250
Answer:
$125
Explanation:
Total actual overhead incurred $14,750
Less Standard hours allowed for actual production 3,500 ×Total standard overhead rate per
direct labor hour $4.25 ($14,875)
Overhead variance $125
Therefore the overall (or net) overhead variance is $125
The value of the bond will increase in the market.
<u>Explanation:</u>
In a situation in the economy where there is a fall in the rate of interest, in that case , the value of the bond which has a fixed rate of interest will increase.
Since the rate of interest of that corporate bond is fixed but there is a fall in the rate of interest in the economy, the value of the bond whose rate of interest can not fall, will increase.