1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
natita [175]
3 years ago
14

A machine with a cost of $65,000 has an estimated residual value of $5,000 and an estimated life of 5 years or 15,000 hours. it

is to be depreciated by the units-of-production method. what is the amount of depreciation for the second full year, during which the machine was used 5,000 hours? $8,000 $12,000 $20,000 $21,667
Business
1 answer:
RUDIKE [14]3 years ago
7 0
I believe the depreciation by the units  of actual production would be based on the 5000 hours of use in the second year which would be 5000/15,000 or 0.333 x the original value of the machine of $65,000 or for a result of $21,667 depreciation.
You might be interested in
Suppose that the government of Ping's hears of the working conditions and the country seizes the Quality Dragon plant in which P
KATRIN_1 [288]

Answer:

The answer is: A) expropriation

Explanation:

Expropriation is the seizure of private property by a government entity or government agency for the purpose of public interest. Usually owners that lose property due to expropriations, receive some type of compensation for their loss. It also can refer to private property being taken away by another private entity with the authorization of a government entity or agency. A common example of expropriation is land being taken away for building roads or dams.

In this case the Quality Dragon plant was expropriated by a private entity who was authorized by the government and the owner was received a monetary compensation for his loss.

5 0
3 years ago
A financial services firm routinely processes a large volume of account change requests. A Lean Six Sigma team wants to understa
Harrizon [31]

Answer:

E) 1920

Explanation:

The computation of  the maximum items in process is shown below:

=  Number of maximum target cycle time ×  normal processing rate per minute × number of minutes in one hour

= 16 hours × 2 × 60 minutes

= 1,920

Simple we multiply the all items which are given in the question, so that the accurate value can come i.e maximum target cycle time, normal processing rate per minute and the number of minutes in one hour

3 0
3 years ago
If you cause a car accident, which type of insurance will require you to pay the least out of pocket? AHigh deductible plan BLow
Vesnalui [34]
A because if the person that you hit says you caused it for a reason
3 0
3 years ago
Read 2 more answers
Explain why intellectual property rights are important in a society that allows its
alina1380 [7]

Answer:

Individuals have used their time, creativity, and skills to develop intellectual property, just as others have used their time and skills to make products or to provide services.  Intellectual property protection is critical to fostering innovation. Without protection of ideas, businesses and individuals would not reap the full benefits of their inventions and would focus less on research and development.

brainliest ?

3 0
2 years ago
Oaktree Company purchased new equipment and made the following expenditures:
I am Lyosha [343]

Answer:

The Journal entries are as follows:

(1)

Equipment A/c       Dr. $71,890

To cash                                           $3,790

To accounts payable                     $68,100

(To record the purchase of equipment)

Workings:

Equipment value:

= Purchase price + Sales tax + Freight charges for shipment of equipment + Installation of equipment

= 64,000 +4,100 + 890 + 2,900

= $71,890

Cash Paid:

= Freight charges for shipment of equipment + Installation of equipment

= 890 + 2,900

= $3,790

Accounts payable = Purchase price + Sales tax

                               = 64,000 +4,100

                               = $68,100

(2)

Prepaid Insurance A/c    Dr. $1,090

To cash A/c                                             $1,090

(To record any expenditures not capitalized in the purchase of equipment)

7 0
3 years ago
Other questions:
  • Relatively unknown events are best marketed through
    11·1 answer
  • Brazen Inc. sells bonds with a face value of $1,000,000 and a contractual interest rate of 10% for $1,200,000. The bonds will ma
    6·1 answer
  • Boxwood Company sells blankets for $60 each. The following was taken from the inventory records during May. The company had no b
    15·1 answer
  • Google has written down the following: "to organize the world's information and make it universally accessible and useful." This
    11·1 answer
  • Consider the production of paper in Strelsau. Suppose that the supply of paper is upward-sloping and the demand for paper is dow
    12·1 answer
  • Which form does RESPA require lenders to use to detail the costs that the buyer and seller will pay at closing?
    11·1 answer
  • Niren, Inc.'s charter authorizes 1,000,000 shares of stock at a par value of $1 per share. Niren sells 100 shares of stock at it
    13·1 answer
  • People are often influenced by reference groups to which they do not belong. ________ refer to groups to which an individual wis
    12·1 answer
  • A country is in the midst of a recession with real GDP estimated to be $4.5 billion below potential GDP. The government's policy
    15·1 answer
  • Harpeth Valley Water District has a bond outstanding with a coupon rate of 3.55 percent and semiannual payments. The bond mature
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!