Answer:
The correct answer is letter "A": Level 2 - Enhanced Steady-State.
Explanation:
In the enhanced steady-state (L2) of an emergency, only part of the members of the critical response team is requested to verify the credibility of the threat to find out what are the steps needed to be followed under an unfavorable situation. Among their activities, the staff members issue alerts and coordinate with mission partners.
A voidable contract, unlike a void contract, is a valid contract which may be either affirmed or rejected at the option of one of the parties.
Reasons that can make a contract voidable include failure by one or both parties to disclose a material fact; a mistake, misrepresentation or fraud; undue influence or duress; one party's legal incapacity to enter a contract; one or more terms that are unconscionable; or a breach of contract.
The amount to be recorded as depreciation expense on December 31, 2021, is (B) $9,590.
<h3>
What is depreciation expense?</h3>
- Depreciation expense is the cost of a depreciated asset for a specific period, and it reveals how much of the asset's value was used up in that year.
- Accumulated depreciation is the entire amount of depreciation expense given to an asset since it was placed in service.
- A business spends $84,000 on new display racks with a useful life of 7 years (84 months) and no residual value.
- The corporation would most likely choose a straight-line depreciation technique, which would result in a $1,000 monthly depreciation expenditure ($84,000/84 months = $1,000 per month).
The straight-line technique of calculating depreciation expense is given below:
- = (Original cost - salvage value) ÷ (useful life)
- = ($173,000 - $8,600) ÷ (10 years)
- = ($164,400,000) ÷ (10 years)
- = $16,440
In this method, the depreciation is the same for all the remaining useful life.
Now for the 7 months, the depreciation expense would be:
- = $16,440 × 7 months÷ 12 months
- = $9,590
Therefore, the amount to be recorded as depreciation expense on December 31, 2021, is (B) $9,590.
Know more about depreciation expenses here:
brainly.com/question/25785586
#SPJ4
The correct question is given below:
A company purchased factory equipment on June 1, 2021, for $173000. It is estimated that the equipment will have a $8600 salvage value at the end of its 10-year useful life. Using the straight-line method of depreciation, the amount to be recorded as depreciation expense at December 31, 2021, is ______.
(A) $16440.
(B)$9590.
(C)$8220.
(D)$6850.
Answer:
False
Explanation:
A defined benefit pension plan is a type of pension plan where the employer gives a promise with respect to the particular pension payment that could be lumpsum for the retirement basis
Since in the question it is mentioned that the companies would not continue with the defined benefit plan and they move to the defined-contribution plans that save for the retirement so that it would create the more responsibility over the company due to this they would provide the retirement benefit but this statement is false as it is better to received the lumpsum amount
Answer:
$29,390
Explanation:
For computing the total cost first we have to determine the variable cost per customer and the fixed cost which is shown below:
Variable cost Per Customer is
= (High total cost - low total cost) ÷ (high number of customer served - low cost of customer served)
= ($28,934 - $28,241) ÷ (14,100 - 11,214)
= $0.24
Now
Fixed cost is
= High cost - (high number of customer served × variable cost per customer)
= 28,934 - (14,100 × 0.24)
= $25,550
So, the total cost for 16,000 customers is
= Fixed cost + variable cost
= $25,550 + (16,000 × $0.24)
= $29,390
