Answer:
Annual depreciation= $41,470
Explanation:
Giving the following information:
Purchasing price= $393,000
Salvage value= $74,000
The machine would be run 30000 hours in the 5 years. The company ran the machine for 3900 actual hours in 2018.
To calculate the depreciation expense using the units of activity method, we need to use the following formula on each year:
Annual depreciation= [(original cost - salvage value)/useful life of production in hours]*hours operated
Annual depreciation= [(393,000 - 74,000)/30,000]*3,900
Annual depreciation= $41,470
Answer: Hi your question is incomplete attached below are the missing details
answer :
A) 16 used DVDs
B) i) $18
ii) $6
iii) $8
Explanation:
<u>A) Determine the weekly shortage of used DVDs due to ceiling price = $11</u>
shortage = Quantity demanded ( H ) - Quantity supplied ( F )
at ceiling price of $11 ; quantity demanded = 20 , Quantity supplied = 4
= 20 - 4 = 16 used DVDs
B) i) <em>New consumer surplus = ADLK </em>
ADLK = ∠ ABK + BKLD
= 1/2 * 4 * 1 ) + ( 15 - 11 )*4 = $18
<em>ii) New producer surplus = DLE </em>
DLE = 1/2 * 4 * ( 11-8 )
= $6
<em> iii) Total economic surplus lost </em>
ΔKJL = 1/2 ( 8 - 4 ) * ( 15 - 11 )
= $8
Answer:
about six to eight weeks
Explanation:
If you file a complete and accurate paper tax return, your refund should be issued in about six to eight weeks from the date IRS receives your return. If you file your return electronically, your refund should be issued in less than three weeks, even faster when you choose direct deposit.
Answer:
the prior year's amount
Explanation:
In financial statements when measuring performance increase the percentage change in various financial statement lines are usually used.
Financial statement lines are individual items on financial statements. For example current assets, current liabilities, and sales.
The percentage change aims to compare increase in a financial statement line item against the previous year's amount.
This will give an idea of how much increase has occurred on previous performance.
So it is calculated by deducting previous year amount from current year amount, then divide by the previous year amount and multiply by 100
