Answer:
$26800
Explanation:
Total cost to be capitalized for the assets
= 145500 + 6500 +12000
= $164000
Estimated useful life = 5 years
Salvage value = $30000
Using the straight-line method,
Annual Depreciation = (Cost - Salvage value)/ Number of years
= (164000 - 30000)/5
= 134000/5
= $26800
Answer:
a) $200,000 to Jack
Explanation:
Data provided in the question
Life insurance policy amount of Marilyn Simms = $200,000
The primary beneficiary = Jack
The contingent beneficiaries = Their children
Now, the distribution of the policy could be taken by only Jack as he is her husband plus he is also a primary benefit of her life insurance policy,
So, the whole amount i.e $200,000 is distributed to Jack
Answer: B.) productivity at the work site has increased.
Explanation: The considerable increase in output at the work site while still maintaining the same number of workers and hours worked over the last six months shows that the productivity at the work site has increased. Productivity which is usually compares unit output to the rate of inout per unit. The effectiveness of the input or production effort is used to measure the degree of productivity. Therefore, when the output derived by maintiaing the same unit of input increases, then productivity has increased. If it decreases, then productivity has decreased.
Answer:
The correct answer is a) $24,000
Explanation:
At the end of the year, Morgan still holds $140,000 of this merchandise
Lewis Inc. owns 40% of Morgan and applies the equity method
40% = 0.4
$140,000 x 40% = $56,000
Lewis buys inventory costing $400,000 and sells it to Morgan for $700,000.
$700,000 - $400,000 = $300,000
=$56,000 x ($300,000 ÷ $700,000)
=$56,000 x 0,428571429
= $24,000
Answer:
option (D) TC = $1,000 + $100q
Explanation:
Data provided in the question:
Fixed cost of production = $1,000
Marginal cost of production = $100 per unit produced
Now,
let the total number of quantities produced be 'q'
also,
the total cost is given as:
⇒ Total cost, TC = Total fixed cost + Total marginal cost
or
⇒ TC = $1,000 + ( $100 × q )
or
⇒ TC = $1,000 + $100q
Hence,
The correct answer is option (D) TC = $1,000 + $100q
