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3 years ago

What is cost Price formulas

Business

1 answer:

gavmur [86]3 years ago

5 0

Answer:

Cost price formula = Cost + Profit

Explanation:

The Cost price formulas count two factors the gives price of product and services. The cost price formula has two factors cost of product and profit percentage that seller want to generate from specific product or services.

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Apex Fitness Club uses straight-line depreciation for a machine costing $23,860, with an estimated four-year life and a $2,400 s

maria [59]

Answer:

1. Book value at end of year 2 = $13,130

2. Depreciation from year 3 for last 3 years = $3,710 each year, that is $11,130 for three years.

Explanation:

As for the provided details, we have:

Cost of machinery = $23,860

Expected life = 4 years

Salvage value = $2,400

Straight line depreciation = $\frac{23,860 - 2,400}{4} = 5,365$

Under straight line method depreciation remains constant for life of asset.

Book value at end of year 2 = $23,860 - ($5,365 $\times$ 2) = $13,130

Thereafter in the beginning of year 3 the estimate is made to realize that the total remaining life expected is 3 years, with salvage value $2,000

Thus, depreciation from year 3 = $\frac{13,130 - 2,000}{3} = 3,710$

Therefore, depreciation from year 3 to year 5 = $3,710 each year.

Total depreciation of last 3 years = $3,710 $\times$ 3 = $11,130

3 0

3 years ago

Business at Korey's Comics has been good, and Korey expects the same business next month. However, due to an increase in busines

Bezzdna [24]

Answer:

ADDITIONAL REVENUE & ADDITIONAL COST

Explanation:

If Korey has made the decision to bring on an extra hand to help run the store in the afternoons and the new employee will make $435 per month; then there are 2 changes that will happen to the monthly net income

1. Increased Revenue: Since the new employee will be bringing in additional revenue of $435, then the direct impact of that is an increment in the revenue line of the income statement

2. Increased Costs: Secondly, this change will affect Korey's monthly net income in the area of cost because he has to pay the extra hand some sort of monthly salaries which will have a reducing effect on profit.

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3 years ago

Which of these products would be most likely to have dependent demand? televisions refrigerators automobiles automobile engines

harkovskaia [24]

Answer:

$\boxed{\bold{Automobile \ Engines}}$

Explanation:

➤ Automobile engines would be most likely to have dependent demand

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- Mordancy

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3 years ago

Identify Ten (10) Differences that exist Between

Alisiya [41]

Explanation:

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3 years ago

What is likely to lead to a decrease in the price of a company's stock?

rodikova [14]

If the company's annual profits decrease (the amount of cash they make per year) then that would lead to a decrease in the price of a company's stock.

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3 years ago

What is cost Price formulas​

What is cost Price formulas