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Cloud [144]
3 years ago
8

Wickland Company installs a manufacturing machine in its production facility at the beginning of the year at a cost of $87,000.

The machine's useful life is estimated to be 5 years, or 400,000 units of product, with a $7,000 salvage value. During its second year, the machine produces 84,500 units of product. What journal entry would be needed to record the machines' second year depreciation under the units-of-production method?
Business
1 answer:
Ostrovityanka [42]3 years ago
7 0

Answer:

Depreciation Expense = $16900

Explanation:

Using the units of production method. I will get the value of depreciation expense for the year 2. The units of production method calculate the value of depreciation using the formula is given below.

Depreciation expense = (Cost - Salvage value) / Total Units of Products x Units of production in second year.

Depreciation expense = ($87000 - $7000) / 400000 x 84500 = $16900

Wickland company will charge depreciation expense of $16900 using the Units of production method as during the second year of Wickland company depreciation expense is $16900.

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arasota Company obtained land by issuing 3,380 shares of its $12 par value common stock. The land was recently appraised at $146
likoan [24]

Answer:

Dr Land $146,440

Cr Common stock (3,380 shares×$12 par value) $40,560

Cr Paid in Capital in excess of Par common stock $105,880

Explanation:

Arasota Company Journal entry

Dr Land $146,440

Cr Common stock (3,380 shares×$12 par value) $40,560

Cr Paid in Capital in excess of Par common stock $105,880

4 0
2 years ago
Sonny's Super Market has installed a self-service checkout counter, and wishes to understand how this has affected customer serv
valina [46]

Answer:

The Expected time a customer spends in the system is 4

Explanation:

According to the given data we have the following:

Arrival rate A = 1 every other minute = 30/hour or (30/60) per minute

Service rate S = 84 seconds = 60×60/84= 42.86 customers per hour

System utilization factor P = A/S = 30/42.86 = 0.699

Length of the system L = P/(1-P) = 0.699/(1-0.699) = 2.322

Therefore, Expected time a customer spends in the system = L/A = 2.322/(30/60) = 4.644=4

5 0
3 years ago
What is a​ quota? A. A quota is the same thing as a voluntary export restraint. B. A numerical limit a government imposes on the
LenKa [72]

Answer:

Option (B) is correct.

Explanation:

An import quota is defined as the restriction on the imports from the other nations. It is the direct restriction on the quantity of goods imported from the other countries. This restriction takes place to protect the domestic producers of the home nation from the foreign competition.

For example: The united states wants to import 50,000 cars from Japan but there is an import quota of 40,000 cars. So, the consumers in the United States won't be able to import remaining 10,000 cars.

8 0
3 years ago
_____ is a method to increase employee productivity by making changes to the way work gets done by focusing on the characteristi
Katarina [22]

Answer:

Redesigning work

Explanation:

Redesigning work refers to reviewing work tasks and job responsibilities in order to optimize the way employees perform their tasks and increase their efficiency and productivity. Redesigning work may include reallocating staff to different areas, increasing their number where they are needed in order to increase total output. It may also include changing the processes involved in the production of goods, customer care services, and even changing the company's organizational structure.

The final goal of redesigning work is to both increase efficiency and total output, and increase employees' satisfaction.

7 0
3 years ago
Actively sharing HR metrics and workforce analytics information with managers via email is called ________.
ki77a [65]

The correct option is D.

<h3>What are push operations?</h3>

Push Operations is a cloud-based restaurant labor management platform designed to help HR managers and recruiters automate processes for streamlining payroll, time tracking and task scheduling.

<h3>What is e-mail?</h3>

Electronic mail (e-mail) is a computer-based application for the exchange of messages between users. A worldwide e-mail network allows people to exchange e-mail messages very quickly.

E-mail is the electronic equivalent of a letter, but with advantages in timeliness and flexibility.

I understand that the question you are looking for is :

Actively sharing HR metrics and workforce analytics information with managers via e-mail is called push systems of reporting.

a. benchmarking

b. putting HR metrics and analytics data in context

c. bottom line reports

d. push systems of reporting

Learn more about HR metrics on:

brainly.com/question/15586049

#SPJ4

3 0
2 years ago
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