Answer:
C. No, it will increase cost by $100.
Explanation:
Z Corp. can make three individual deliveries to three different customers at a cost of $500 each
Given that:
Cost of shipment = $1300
Cost of each delivery = $500
Stop of charge = $100 per stop
Total cost if for individual delivery to three different customers = 3($500) = $1500
Since they are three different customers, the total stop charge = 3($100)
cost for consolidating them into one shipment= $1300 + 3($100) = $1300 + $300 = $1600
Therefore there is an increase in cost of $1600 - $1500 = $100
Answer: The assets that are classified as plant assets on the company's balance sheet include :
(1) the showroom building, a separate building used to service customer cars, and various parking lots.
Plant asset is known as the long-term fixed asset that is used to bring forth or sell commodities and services for the institution. These assets are tangible and are expected to produce economic benefits for the organization.
Answer:
revised annual depreciation will be : 13710
Explanation:
After revision the remaining life of equipment shrank down to 2 years, so the depreciation working will be worked out to adjusted the impact of decreasing of useful life.
As per existing information the depreciation charges are calculated as :
(Cost-Salvage Value)/Useful life= (49700-4000)/10 = 4570
Accumulated Depreciation indicates that 4 years have past by (18280/4570)
now remaining years are 6 which will be reduced to 2 after revision so the new working will be as follows:
Remaining Cost :31420 (49700
-18280)
Salvage Value : 4000
Revised Remaining Useful Life : 2
Revised Calculated Depreciation Annual : (31420-4000)/2 = 13710
It can be further verified through simple math also:
Adding annual depreciation of remaining 2 years : 13710
+13710
=27420
Value available for depreciation after salvage value : 31420
-4000= 27420
Insurance is a financial service that allows a consumer to share liability with a company.
The answer is C
