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-BARSIC- [3]
4 years ago
10

A factory machine was purchased for $393000 on January 1, 2018. It was estimated that it would have a $74000 salvage value at th

e end of its 5-year useful life. It was also estimated that the machine would be run 30000 hours in the 5 years. The company ran the machine for 3900 actual hours in 2018.
Required:
1. If the company uses the units-of-activity method of depreciation, the amount of depreciation expense for 2018 would be ________.
A) $51090.
B) $41470.
C) $82940.
D) $74000.
Business
1 answer:
sweet [91]4 years ago
5 0

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

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The correct answer is letter "D": job specification.

Explanation:

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4 0
3 years ago
The standard factory overhead rate is $7.50 per machine hour ($6.20 for variable factory overhead and $1.30 for fixed factory ov
lesantik [10]

Answer:

$26,000 adverse variance

Explanation:

Fixed Overheads Volume Variance = Budgeted Overheads at Actual Output - Budgeted Fixed Overheads

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The fixed factory overhead volume variance is $26,000 adverse variance

7 0
3 years ago
Assume an economy is currently engaged in free trade but considering implementing a tariff on its main import, athletic shoes. W
UNO [17]

Answer:

Price - increase

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Import- reduces

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Explanation:

A tariff is a form of tax on import or export.

When a tariff is imposed on a good , the price of the good increases.

As a result of the tariff , the amount of the goods imported falls as the imported good is now more expensive. The quantity produced by domestic producers increases as consumers would now start demanding for the domestic good. Tariffs are sometimes enacted to discourage importation and encourage domestic production.

As a result of the price increase, producer surplus increases. The increase in price also increases output. The producer surplus is the difference between the price of a product and the least amount the producer is willing to sell his product.

I hope my answer helps you.

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4 years ago
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Answer:

a

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3 years ago
The spatial ability of visualization is the ability to ____(A) examine and compare numbers, letters, and objects quickly.(B) com
alexandr402 [8]

Answer:

C: imagine how separatethings will lokk if they were put together in a particular way.

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 The person that has the spatial ability of visualization is able to change things around them and visualize a perfect location for them because this skill is a manifestation of their perceptions and the facility they have for remembering things, places, distances, positions, etc. They visualize the perfect place for objects.

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