1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
The california raisin advisory board used to run ads featuring "the california raisins," a fictitious r&amp;b musical group comp
Brilliant_brown [7]
<span>This type of advertising is called institutional advertising. Basically, this form of advertising is a method that is used to promote a brand, company, business, organization, institution, or any other type of similar entity without directly attempting to sell something. The California Raisins were simply a method of representation that was entertaining, causing people to associate them with raisins.</span>
6 0
3 years ago
Which financial tool is most important when planning for your future financial goals? Enrolling in a high interest savings accou
Vanyuwa [196]

The financial tool that is vital when planning for your future financial goals is creating a budget.

A budget simply means an estimate of the income and the expenditure of an economic entity for a particular period of time.

It should be noted that a budget is vital for an individual to plan his or her expenses. For example, if one wants to buy a car in the future, the person can make a budget for it.

Learn more about budget on:

brainly.com/question/8707644

7 0
2 years ago
Read 2 more answers
General-purpose financial statements are the product of:____.
Neko [114]

General-purpose financial statements are the product of: <u>both financial and managerial accounting.</u>

<u />

<h3>What is the definition of general purpose financial statements?</h3>

The general definition of financial statements is to provide information about the effects of operations, financial position, and cash flows of an organization. This information is employed by the readers of financial statements to make judgments regarding the allocation of resources.

<h3>What are the three general objective financial statements?</h3>

The balance sheet, income statement, and cash flow information each offer unique pieces with information that is all connected. Together the three statements give a comprehensive portrait of the company's working activities.

To learn more about financial position, refer

brainly.com/question/28343240

#SPJ4

5 0
1 year ago
Mary was recently hired at Marshall Industries as a repairperson. Upon starting her new job, she was informed that if she chose
Elena-2011 [213]

Answer:

D.agency shop agreement

Explanation:

Agency shop agreement is one where a company or employer is allowed to employ both union and non-union workers. This does not affect existence of the Union.

The employees who are non-union members however need to pay a fee for collective bargaining cost. This fee is called agency fee.

In the given scenario Mary chose not to join the union representing her fellow repair workers, she would still have to pay a fee to the union.

She is part of a agency shop agreement

8 0
3 years ago
volume_upclosed_captiondescriptionfullscreen According to Mikey, the founder of Holden Outerwear, manufacturing products at five
Ad libitum [116K]

Answer: a. increased paperwork at every step of the shipping process.

Explanation:

There is no excerpt attached but this should be the answer.

Having five different factories in China means that Holden Outwear would have to transport things to and fro all five factories including raw materials, intermediate goods and finished goods.

This represents a lot of shipping and shipping comes with paperwork. It would therefore be no surprise if the Holden Outwear is having to go through the bane of increased paperwork for manufacturing at five different factories.

6 0
2 years ago
Other questions:
  • Moreno Motors Inc. identifies that bikers are usually the first users of their newly launched products. The firm sends consultan
    15·1 answer
  • At equilibrium in a perfectly competitive market: allocative efficiency is achieved because the sum of consumer and producer sur
    6·1 answer
  • There are four categories of ___________ brands: premium, generic, copycat and exclusive co-brands.
    13·1 answer
  • The most important agreement which codifies human rights is the:
    5·1 answer
  • Alpha Sounds Corp., an electric guitar retailer, was organized by Michele Kirby, Paul Glenn, and Gretchen Northway. The charter
    11·1 answer
  • One of the greatest challenges in strategic management is gaining proper alignment among mission, SWOT analysis, and good strate
    8·1 answer
  • Many levels of energy does an atom have?​
    6·1 answer
  • which career cluster does the accouning pathway belong in? a.finance b.manufacturing c.information technology d. health sciences
    13·1 answer
  • If all investors become more risk averse the SML will _______________ and stock prices will _______________. Multiple Choice hav
    5·1 answer
  • The probability that an audit team will express an inappropriate audit opinion when the financial statements are materially miss
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!