Answer: $57,455.395
Explanation:
Given that,
Fixed assets purchased = $387,950
MACRS rates are as follows:
Year 1 = 0.3333
Year 2 = 0.4445
Year 3 = 0.1481
Year 4 = 0.0741
Depreciation Expense in Year 3:
= Initial Value or Purchase Price of equipment × MACRS rate for Year 3
= $387,950 × 0.1481
= $57,455.395
Answer:
Hybrid System
Explanation:
With the increase in competition in the business environment, companies are now adopting a hybrid strategy. A hybrid strategy is one that aims at standardizing processes, and at the same time attempting to meet individual customer needs. The businesses adopt a cost and differentiation model so as to provide optimum satisfaction to the customers. Adopting just one strategy would slow the growth of the company making it difficult for them to compete.
The hybrid system adopted could be sequential or simultaneous. The sequential strategy is one in which the company first adopts one strategy (example, cost-effectiveness), before moving unto the next strategy (example, differentiation). The simultaneous strategy, however, is one in which the two strategies are employed at the same time.
When identical units of an item are purchased at different costs: <span>an inventory cost flow method must be used under both a perpetual and a periodic inventory system.
A perpetual inventory system will update your inventory on hand after each sale or purchase of inventory is made. A periodic inventory system is updated periodically, meaning, a company will give a time period they would like their sales and purchases to update in and the system will perform that. Both systems are great for a business but it's their option of how they are generated.
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Answer:
productivity level per hour= 27 boxes per hour per shift.
Explanation:
Giving the following information:
company productivity per hour:
500 boxes in 20 hours= 25 boxes per hour
The new shift will increase 8 hours a day and 150 boxes. Therefore the new productivity per hour is:
productivity level per hour= 650/24 hours= 27 boxes per hour per shift.
Answer: Bad debt expenses are generally classified as a sales and general administrative expense.