The formula for annual depreciation by means of the units-of-production method is:
(depreciable cost / estimated output) x the actual yearly output
Under the units of production method, the quantity of depreciation indicted to expense differs in direct proportion to the amount of asset usage. Therefore, a business may charge more depreciation in times when there is more asset consumption and less depreciation in times when there is a smaller amount of usage. It is the most precise method for indicting depreciation as this method relate thoroughly to the wear and tear on assets. Though, it also needs that someone should track asset usage which means that its use is commonly restricted to more luxurious assets. It needs estimation of the total usage over the life of the asset in order to come up with the amount of depreciation to identify in separate accounting period.
Answer:
$500 U
Explanation:
From the given information:
Standard hours allowed = 3900 × 2
= 7800 hours
The variable overhead efficiency variance = ( actual hours - standard hours) × standard variable overhead rate
= (8000 -7800) × $2.50
=(200) × $2.50
= $500 U (unfavourable)
Answer:
Explanation:
In the event that Inventory level is consistent consistently ,it implies starting stock and consummation stock are same in this way Purchase is equivalents to cost of merchandise sold = 1508000
Average accounts payable =[Beginning payable +ending payable ]/2
= [50000+ 54000]/2
= 52000
days' payable outstanding = 365 *Average accounts payable /cost of goods sold
= 365 * 52000/1508000
= 12.59 days
The days payable exceptional estimates normal number of time organization takes to pay to its providers .in the given circumstance LandyCorporation have 30 days of time to pay to its provider anyway the equivalent is paid withing 13 days (approx) it implies LandyCorporation can't utilize credit office accessible (convey assets ).
The financial aid that is given based on the financial status and background of the family of a person is termed as Need Based Aid. Need Based Aid and Need based scholarships are offered by a wide range of institutions to help financially weak families and individuals.
Therefore, the correct answer is
Option D) Need Based
Answer:
The correct answers are B and D, as in both options the goods are produced in the United States. Although option B refers to a Swedish company, it doesn't matter were does the company comes from when referring to the GDP. Option C refers to a product that is not for final consumers.
The gross domestic product (GDP) of the United States is defined as the market value of all the goods and services produced for final demand in the territory of the United States in a given period of time.
Explanation:
In macroeconomics, the gross domestic product (GDP) is a macroeconomic magnitude that expresses the monetary value of the production of goods and services of final demand of a country or region during a given period, usually one year.