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densk [106]
3 years ago
8

a machine with a cost of $75,000 has an estimated residual value of $5,000 and an estimated life of 4 years or 18,000 hours. WHa

t is the amount of depreciation for the second full year, using the double declining balance method?
Business
1 answer:
Anna35 [415]3 years ago
6 0

Answer:

$18,750

Explanation:

The computation of the depreciation expense using the double-declining balance method is shown below:

First, we have to find the depreciation rate which is shown below:

= One ÷ useful life

= 1 ÷ 4

= 25%

Now the rate is double So, 50%

In year 1, the original cost is $75,000, so the depreciation is $37,500 after applying the 50% depreciation rate

And, in year 2, the $75,000 - $37,500 = $37,500

= $37,500 × 50% = $18,750

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The following variable production costs apply to goods made by O'Brien Manufacturing Corporation: Item Cost per Unit Materials $
Reika [66]

Answer:

$50,000 ; $100,000 ; $150,000

Explanation:

The computation of the total variable production cost is shown below:

For 4,000 units, it would be

= 4,000 units × $12.50

= $50,000

For 8,000 units, it would be

= 8,000 units × $12.50

= $100,000

For 12,000 units, it would be

= 12,000 units × $12.50

= $150,000

Simply we multiplied the total variable cost per unit with the respective units

6 0
3 years ago
Bauer Securities decided to purchase a 51% controlling interest in a small private company that produces software necessary to r
Wittaler [7]

Answer:

The answer is: level 3 fair value

Explanation:

Level 3 fair value refers to a valuation technique used in situations where the valuation is highly subjective. It is difficult to assign value to level 3 assets since their stocks aren't part of any trading market. For example, mortgage backed securities, private equity shares, foreign stocks, etc. are considered level 3 assets.

5 0
3 years ago
One of the most important factors in forming a successful venture in China is guanxi, which means ________.
Agata [3.3K]

One of the most important factors in forming a successful venture in China is guanxi, which means personal relationships.

<h3>What is Guanxi?</h3>

Guanxi is a term that can be translated informally as social networks or personal ties. It operates on a personal, familial, social, business, and political level and entails mutual trust and duties between partners. One's influence and capacity for action are influenced by having good, bad, or no guanxi.

Guanxi is still significant while conducting business in China, but a number of considerations suggest that it may start to lose some of its significance. These include the opening up of the Chinese market, foreign direct investment, "guanxi learning" by foreign businesses, and internet intermediaries.

To know more about Guanxi refer to:  brainly.com/question/26541981

#SPJ4

6 0
2 years ago
Leonore's Luxury Leather Footwear Corp. conducted a SWOT analysis and determined that at least 57% of consumers would demand hig
arlik [135]

Option C

This vision of what could happen is known as a forecast

<h3><u>Explanation:</u></h3>

Forecasting and analysis SWOT are promoting accomplices in the business venture. SWOT recognizes the procedures practiced for designing a particular business model according to the company’s possible means and skills, including the circumstances in which the company serves.

It observes positive and negative circumstances both inside and outside the firm, that influence its success. The analysis benefits the company forecast or prognosticates varying trends that help the decision-making process of any business. Precise forecasting reduces risk and provides a measurable improvement in the efficiency of the decisions.

6 0
3 years ago
Suppose there is a simultaneous increase in the demand for rice and increase in the supply of rice. Which of the following will
patriot [66]

Answer:

C) The market learing price may rise, fall, or stay the same, but the equilibrium quantity will rise. 

Explanation:

An increase in demand would lead to an increase in demand and price.

An increase in supply would lead to an increase in supply and a fall in price.

The combined effect would lead to an increase in equilibrium quantity but the effect on equilibrium price would be indeterminate.

I hope my answer helps you

6 0
3 years ago
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