(90,000 + 4,200 + 12,000)/5 = $17640
What is depreciable cost?
The value of a fixed asset less the total accumulated depreciation that has been recorded against it is its depreciated cost. The total amount of capital that is "used up" in a certain time frame, such as a fiscal year, is referred to as the depreciated cost in a broader economic sense. The accuracy with which depreciation is calculated allows one to assess patterns in a company's capital expenditures and how aggressive its accounting practices are.
The terms "salvage value," "net book value," and "adjusted cost base" are all synonyms for "depreciated cost."
The value of a fixed asset less the total accumulated depreciation that has been recorded against it is its depreciated cost.
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Answer:
$119,657.025
Explanation:
Given that,
Loader had a list price = $123,530
Discount = 5.75%
Freight cost = $2,310
Specialist’s fee = $920
Amount to be capitalized in an asset account for the purchase of the front end loader:
= List price - Discount + Freight cost + Specialist fees
= $123,530 - ($123,530 × 5.75%) + $2,310 + $920
= $123,530 - $7,102.975 + $2,310 + $920
= $119,657.025
Note: Operator salary and insurance cost are an operational expense, so will not be capitalized.
Answer:
Volume = 1565.56 cubic yards
Explanation:
The computation of the volume of material required is shown below:
95% × volume = 1,487 cubic yards
Volume = 1565.56 cubic yards
Basically 95% of volume is equivalent to the 1487 cubic yards
So according to this we determined the volume
Hence, the same should be considered
Answer:
7.8% increase in revenue
Explanation:
Revenue is given by the number of units sold 'n' multiplied by the price of sale 'P'. The revenues before and after the price drop are:
The change in revenue is given by:
Therefore, there was a 7.8% increase in revenue when price falls by 2%.
Answer:
(23-16.97)*x=18630
6.03x=18630
x=3089.55
so they need to sell at least 3090 units
Explanation: