All categories

3 years ago

Please answer the following:

Business

1 answer:

Anarel [89]3 years ago

6 0

Answer:

Depreciation expense Office equipment = 1,200.00

Depreciation expense Computer equipment = 5,000.00

Explanation:

The difference between accumulated depreciation represents the depreciation charge that was made during the first quarter of the 2018 accounting year.

Then depreciation charges for the first quarter are calculated as follows:

Depreciation expense Office equipment = 800 – 400 = 400

Depreciation expense Computer equipment = 2,500 – 1,250 = 1,250

Since there are 4 quarters in an accounting year, the depreciation charge in 2018 is calculated as follows:

Depreciation expense Office equipment = 400 * 4 = 1,200

Depreciation expense Computer equipment = 1,250 * 4 = 5,000

You might be interested in

Four roommates are planning to spend the weekend in their dorm room watching old movies, and they are debating how many to watch

denis-greek [22]

Answer:

1. Inside the dorm room, the movies are <em>Non-Rival</em> which means that one person can watch the movie and it will not diminish the ability of others to watch as well.

Also as they are all in the same dorm, the showing of the movie is <em>Non-Excludable</em> as well because no one can stop the other from watching.

Public good is both Non-Rival and Non-Excludable so the showing of a movie IS a public good.

Musashi Sean Bob Eric Total Willingness to pay

10 9 8 3 30

8 7 6 2 23

6 5 4 1 16

4 3 2 0 9

2 1 0 0 3

The optimal number of movies that can be rented is dependent on their total willingness to pay. If their Total willingness to pay for the movie is above $8 which is the cost of a movie, then they will get it. From the table, the fifth movie is below the price of $8 so they <u>should rent 4 movie</u>s.

3. If they rent 4 movies and there are 4 of them then the cost per person is;

= (8 *4)/4 people

= 24/4

= $8

This means that each roommate will pay <u>$8</u>.

3 0

3 years ago

The general willingness of consumers to purchase a product at various prices is __________.

Wittaler [7]

Demand.

If you found this especially helpful, I'd appreciate if you'd vote me Brainliest for your answer. I want to be able to assist more users one-on-one, as well as to move up in rank! :)

4 0

2 years ago

Ellen purchased a dishwasher, which cost $315 before the 9. 22% sales tax. She used the machine an average of 10 times per week

antiseptic1488 [7]

Cost is the amount of spending on a product or service. The lifetime cost of the dishwasher was $1029.8 which is $1030 approximately.

Cost is the amount incurred on acquiring a product or using a service. Cost is the value of the product or service.

The lifetime value of an asset is the total expense incurred on the asset from acquisition till disposal.

The lifetime cost of the dishwasher will be the sum of its cost, sales tax, and water and electricity charges for 6 years.

The water and electricity charges are $0.09 and $0.13 per use. The total number of times the dishwasher is used can be calculated as:

The number of use per week are 10, number of weeks in a year are 52, and number of years of use are 6.

$\rm Number\:of\:uses = 10\:times\times 52\:weeks\:\times6\:years\\\\\rm Number\:of\:uses = 3120\:times$

Therefore, the water and electricity charges will be:

$\rm Water\:charges = 3,120 \times \$0.09\\\\\rm Water\:charges = \$280.08\\\\\rm Electricity \:charges = 3,120\times \$0.13\\\\\rm Electricity \:charges = \$405.60$

The cost of the dishwasher will be a combination of its purchase price and sales tax. Therefore:

$\rm Cost\:of\:dishwasher = \$315 + 9.22\%\\\\\rm Cost\:of\:dishwasher = \$344.043$

The lifetime cost of the dishwasher will be:

$\rm Lifetime\:cost\:of\:dishwasher = \$344.043 + \$280.08 +\$405.60\\\\\rm Lifetime\:cost\:of\:dishwasher = \$1029.7\\\\\rm Lifetime\:cost\:of\:dishwasher = \$1030 (approximately)$

Therefore the correct option is A.

Learn more about cost here:

brainly.com/question/4557688

8 0

2 years ago

The substitution bias in the consumer price index refers to the idea that consumers ______ the quantity of products they buy in

dsp73

Answer:

change; over-estimates

Explanation:

Substitution bias refers to a tendency in which economic index numbers don't include information about the changes in consumer spending when they switch expensive products for cheaper ones or buy less units as prices change. This changes are not reflected in the market basket from which the CPI is built which can cause inflation rates to be over-estimated.

7 0

2 years ago

Adam has a monthly income of $20 that can be spent on books (B) and pencils (P). The price of a book is $5 and the price of a pe

Brut [27]

Answer:

A. 2 books and 20 pencils

Explanation:

2 x5$= 10$

20x 0.50$= 10$

10$+10$=20$

4 0

3 years ago