The Modified Accelerated Cost Recovery System (MACRS) is used for tax purposes.
<h3>What is depreciation?</h3>
Depreciation refers to the devaluation in the value of the tangible assets after a particular period of time. When the depreciation value of the assets becomes zero or negative. It becomes outdated or obsolete.
Modified Accelerated Cost Recovery System is the system introduced by the United States which is the tax depreciation system used to estimate the value of the assets depreciated.
Initially, it was introduced to attract the investors to invest in the depreciating assets. the benefit of this system is that it gets higher tax exemptions.
Learn more about devaluation here:
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Answer:
The answer is "205,241"
Explanation:
Its relative value operation:
Smooth skin Seedling Skin Total
A Unit sold 
selling price per unit 
Sales value 
Join its cost allocate
Smooth Skin is assigned the combined costs within each development process by way of the relative cost process 205,241
Answer:
$353,540
Explanation:
Given that
Beginning work in process inventory cost = $2,540
Additional cost of product cost to work in process = $351,000
So the amount of cost that should be transferred out is
= Beginning work in process inventory cost + Additional cost of product cost to work in process
= $2,540 + $351,000
= $353,540
Electronic communications sometimes different from other business communications in a sense that they're more casual.
Answer: Option 2
<u>Explanation:</u>
Electronics communication as the name suggest is a mode of communication through electronic mediums such as e-mail, voice mail, messages, blogs and many more. Business communication on the other hand is an activity where knowledge is share between the people of various companies.
Electronic communications differ from business communications in a sense that they’re more casual. When employees or any other group of people interact via electronic medium, their engagement with other people is quite casual. Business communication on the other hand is quite professional and formal.
