Answer:
girl no brainly is for school not dating
Explanation:
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Answer:
Annual depreciation= $51,400
Explanation:
Giving the following information:
Purchase price= $314,000
Salvage value= $57,000
Useful life= 5 years
<u>To calculate the depreciation expense under the straight-line method, we need to use the following formula:</u>
<u />
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (314,000 - 57,000) / 5
Annual depreciation= $51,400
<u />
<u>The depreciation expense is the same every year.</u>
All of the above, uses the periodic inventory system.
Answer:
Explanation:
Ending wotk in process inventory = Direct materials + Conversation cost = 93,600 + 135,000 = 228,600
[Direct materials = 2.60*36,000; Conversation cost = 3.75*36,000]
Finished goods inventory = Units transferred to finished goods*Total equivalent cost per unit = 250,000*3.75 = 1,587,500
