Answer:
Answer not in the given option, please recheck for error.
depreciation in 2021 would be= $82,000
Explanation:
Depreciation incurrred in 2019:
Using straight line depreciation = original cost - salvage value / useful life
=(400,000-40,000)/10
=$36,000
The depreciation from January 1, 2019 to December 31st 2020 = 2 years
therefore depreciation for the two years = $36,000 x 2 = $72,000
Book value recorded early 2021= Original cost - the A ccumulated Deprecaition
= 400,000- 72,000= $328,000
But Remaining useful life =4 years with no salvge value
Therefore depreciation in 2021 would be = Cost - salvage value / useful life
($328,000 - 0)/4
= $82,000
Answer:
The answer is a) umbrella coverage
Explanation:
Umbrella coverage is an insurance that adds an extra layer of protection for liabilities not covered by any other policies. It gives an additional layer of security to the individuals who are in danger for being sued for harms to other individuals' property or wounds caused to others in a mishap. If you are the owner of important and valuable assets, purchasing umbrella insurance could be an intelligent move.
Answer:
See explanation section
Explanation:
The examples of variable cost per unit are as follows:
1. Direct Materials per unit;
2. Direct wages per unit;
3. Variable manufacturing overhead per unit;
4. Variable selling expense per unit;
5. Variable administrative expense per unit.
If all the expenses are given in accounting math, we have to add all the expenses per unit to determine the variable cost per unit.
According to the question, as there are 18000 units are produced and sold, we have to multiply the variable cost per unit by the total number of units.
Answer:
File a motion or a judgement notwithstanding the verdict
Explanation: