In most businesses, what is the most costly factor of production?

Casey Electronics has a piece of machinery that costs $300,000 and is expected to have a useful life of 6 years or 40,000 hours.

kozerog [31]

Answer:

None of the given options.

Depreciation expense for year 1 would be $37,500.

Explanation:

Cost = $400,000

Residual value = $50,000

Expected hours = 40,000

Working hours (year 1) = 6,000 hours

Now,

Depreciation per hour = $\frac{Cost-Residual Value}{Expected hours}$

Depreciation per hour = $\frac{300,000 - 50,000}{40,000}$

Depreciation per hour = $\frac{250,000}{40,000}$

Depreciation per hour = $6.25

Depreciation expense (year 1) = Depreciation per hour × Working hours (year 1)

Depreciation expense (year 1) = $6.25 × 6,000

Depreciation expense (year 1) = $37,500

4 0

3 years ago

When the US government becomes aware of economic changes, the discovery is most likely to influence 1. how the nation allocates

snow_tiger [21]

Answer:

1. How the nation allocates resources

Explanation:

Government is the chief decision maker in any economic model because their power enables to allocate nation`s resources among economic unit. As such they keep watch on the economic changes and trends in order to make the best economic decision for the nation. When government becomes aware of economic changes, it will try to allocate resources efficiently and effectively based on signal given by the changes.

For example, if US government is aware that the economy is nearing recession, it will be put in preventive measures to escape the intending recession and make sure it allocates its scarce in efficient way among the economic units by spending more on capital projects, raising social empowerment spending and doing other necessary things.

So the discovery of economic changes will most likely influence how the nation allocates resources.

5 0

3 years ago

What are the unique financial reporting implications of the partnership entity in comparison with the proprietorship and corpora

Pie

The financial reporting of the Partnership firm differs from the proprietorship and corporate entities as the closing process of partnership involves creation of the realization account, whereas the another entity not required this.

<h3>What is financial reporting?</h3>

Standard techniques for giving stakeholders an accurate portrayal of a company's finances, including revenues, profits, expenses, cash flow, capital, and official records that provide in-depth insights into financial information, are referred to as financial reporting.

The payment of taxes, fines, and interests has new financial reporting consequences for partnership firms that are distinct from any other sort of business company.

Taxes paid to partners or owners, on the other hand, are accounted for in a transaction with the owners.

Furthermore, the financial reporting implications for a partnership firm differ from those for a sole proprietorship or a corporation, as the partnership business is distinct from the two stated businesses.

The closing process of partnership differs from the another businesses because the closing process of partnership involves the preparation of realization account.

Therefore, the partnership form of business enterprise is differed from the other business.

To learn more about the partnership, refer to:

brainly.com/question/19988417

#SPJ1

5 0

2 years ago

What is a distribution channel?

Ilya [14]

Answer:

Medium of communication

Explanation:

Distribution is one of the four main elements of the marketing mix and its a process of making the predictor services available to the costumers and can be done directory by a producer or service provider that has indirect channels of the distributions

The decision about the distribution are taken by the companies vision and the mission and the goals of the organization that depends in the strategic planning.

5 0

4 years ago

How many peoples in kerala

harkovskaia [24]

Answer:

2million

Explanation:

I hope naka tulong

6 0

3 years ago

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