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3 years ago

The calculation for annual depreciation using the units-of-output method is

1 answer:

8 0

The formula for annual depreciation by means of the units-of-production method is:

(depreciable cost / estimated output) x the actual yearly output

Under the units of production method, the quantity of depreciation indicted to expense differs in direct proportion to the amount of asset usage. Therefore, a business may charge more depreciation in times when there is more asset consumption and less depreciation in times when there is a smaller amount of usage. It is the most precise method for indicting depreciation as this method relate thoroughly to the wear and tear on assets. Though, it also needs that someone should track asset usage which means that its use is commonly restricted to more luxurious assets. It needs estimation of the total usage over the life of the asset in order to come up with the amount of depreciation to identify in separate accounting period.

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You are given the following information for a country: Participation rate is 75%, the unemployment rate is 10%, the employment r

mariarad [96]

Answer:

O The size of the labor force is 40 million

Explanation:

Given:

Participation rate is 75%

Unemployment rate is 10%

Employment rate is 67.5%

The number of employed is 27 million.

As the employment rate is 67.5% of the size of the labor force which means that 27 million people are employed, we can say that number of people are employed equals to 67.5 percent of the total size of the labor force and we can write it numerically as:

27 = size of the labor force $\times$ 67.5%

27 = size of the labor force $\times\frac{67.5}{100}$

27 = size of the labor force $\times0.675$

Dividing both side by 0.675

Size of the labor force = 40 million

Therefore, (O The size of the labor force is 40 million) option is correct.

4 0

2 years ago

What type of pricing involves summing the total unit cost of providing a product or service and adding a specific amount to the

Leviafan [203]

Answer:

a COST-BASED PRICING METHOD

Explanation:

COST-BASED pricing method is the type of pricing which involves summing the total unit cost of providing the product or services and adding a specific amount to the cost to arrive at the price. These costs includes all production cost in making the product available to the market and selling expenses incurred then add the desired amount of profit that the company wants to attain to come up the unit selling price of the product.

7 0

3 years ago

If a director usurps an opportunity that is in the corporation's lines of business for themselves without first disclosing the o

Rudik [331]

Answer:

Corporate opportunity doctrine

Explanation:

The corporate opportunity doctrine is a principle that doesn't allow directors to participate as an individual in any business that can benefit the company withouth offering it first to the organization.

5 0

2 years ago

Which of the following organizational data are required when creating a purchase requisition?

Westkost [7]

Answer: The correct answers are "D) Company code", "B) Purchasing organization", and "C) Purchasing group".

Explanation: When creating a purchase request, it is not necessary at any time the organization of sales, since in this case it is a purchase therefore it is necessary:

B) Purchasing organization .

C) Purchasing group .

D) Company code.

6 0

2 years ago

A person with knowledge of accounting, who does the routine work of recording, classifying, and summarizing phases of accounting

erik [133]

Answer:

"Bookkeeper" is the correct response.

Explanation:

A bookkeeper becomes typically hired by such a small to the medium-sized corporation to manage as well as document the vast amount of transactions including revenues, acquisitions, accounting, payment recovery interest income, payment services, and therefore more.
Quite frequently, the Chief Accountant who was doing the compilation including its financial information manages his or her duties.

5 0

3 years ago