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bagirrra123 [75]
3 years ago
13

For a fitness center purchasing a $3,000 photocopier expected to produce 30,000 copies with no salvage value at the end of the p

hotocopier’s useful life, calculate the units of production depreciation schedule (for each year) if the following number of copies are expected to be made each year:
Year 1―12,000
Year 2―8,000
Year 3―6,000
Year 4―3,000
Year 5―1,000

Business
1 answer:
Jobisdone [24]3 years ago
7 0

Answer:

<u>Depreciation expense per year</u>

Year 1 = $1200

Year 2 = $800

Year 3 = $600

Year 4 = $300

Year 5 = $100

Explanation:

To determine the depreciation expense under the units of production/activity method of charging depreciation, we will first calculate the depreciation expense per unit and then multiply it with the units of production in each year to calculate the depreciation expense for that year.

The formula for depreciation under this method is attached.

Depreciation per unit = (3000 - 0) / 30000   = $0.1 per copy

<u />

<u>Depreciation expense per year</u>

Year 1 = 0.1 * 12000 = $1200

Year 2 = 0.1 * 8000 = $800

Year 3 = 0.1 * 6000 = $600

Year 4 = 0.1 * 3000 = $300

Year 5 = 0.1 * 1000 = $100

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konstantin123 [22]

Answer:

This is a form of artificial monopoly.

Explanation:

In artificial monopoly a large firm exists with smaller firms in the same market. The large firm does not have a comparative advantage in production efficiency bit still drives the competition out of business.

Large firms use restrictive measures that prevents new form from entering the market. The other type of monopoly is the natural monopoly.

Having exclusive rights to open a MacDonald's in the Carribean where you can construct as many locations as you want is called artificial monopoly. The firm has successfully barred other firms from opening a MacDonald's in the Carribean.

5 0
2 years ago
Selected transactions for A. Mane, an interior decorator, in her first month of business, are as follows.
Verizon [17]

Answer:

Please see below

Explanation:

Jan 2.

Dr Cash $13,100

Cr Owner equity $13,100

(Being owner's capital contribution to the business in form of cash)

Jan 3.

Dr Vehicle $3,930

Cr Cash. $3,930

(To record the purchase of used car in form of cash)

Jan 9

Dr Supplies. $655

Cr. Accounts payable $655

(To record supplies purchased on account )

Jan 16

Dr Account receivable $3,144

Cr Revenue $3,144

(Being the record of revenue earned on credit)

Jan 16

Dr Advertising expenses $459

Cr Cash $459

(Being the record of advertising expenses paid in cash)

Jan 20

Dr Cash. $917

Cr Account receivable $917

(Being the record of partial collection receivables)

Jan 23

Dr Account payables $393

Cr Cash $393

(Being the record of payment made to creditors)

Jan 28

Dr. Owner equity $1,310

Cr. Cash $1,310

(To record owner's withdrawal of capital in form of cash)

4 0
2 years ago
Which type of portfolio might a young investor who is not afraid of risk choose?
Nana76 [90]
D) A portfolio with a high percentage of stocks, the higher the percentage rate the higher the risk is to lose money
5 0
3 years ago
Offshoring means outsourcing to an international or foreign firm. Group of answer choices True False
BartSMP [9]

Answer:

true

Explanation:

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6 0
3 years ago
Read 2 more answers
Marvel Woodcraft makes furniture. Marvel’s expected sales are 20,000 bookcases for the quarter. The company begins the quarter w
siniylev [52]

Answer:

Total production= 20,600 units

Explanation:

Giving the following information:

Marvel’s expected sales are 20,000 bookcases for the quarter. The company begins the quarter with an inventory of 3,000 bookcases and wants to have enough finished bookcases on hand at the end of the quarter to provide for 15% of the next quarter’s expected sales of 24,000 bookcases.

Sales= 20,000 units

Ending inventory= (24,000*0.15)= 3,600

Beginning inventory= 3,000 (-)

Total production= 20,600 units

5 0
3 years ago
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