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otez555 [7]
3 years ago
13

In computing depreciation, salvage value is a. The fair value of a plant asset on the date of acquisition. B. Subtracted from ac

cumulated depreciation to determine the plant asset’s depreciable cost. C. An estimate of a plant asset’s value at the end of its useful life. D. Ignored in all the depreciation methods.
Business
1 answer:
Kitty [74]3 years ago
4 0

Answer:

C.

Explanation:

In computing depreciation, salvage value is an estimate of a plant asset's value at the end of its useful life. The Salvage Value can be calculated by using the formula below.

Salvage Value = P(1-i)^{y}

Where:

  • P is the Original price of the asset
  • i  is the depreciation rate
  • y  is the age of the asset in years

This formula will give you the final value of the asset at the end of it's life cycle, to know how much it is worth to the company.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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The cost to manufacture one unit of Killian Audio Products' best-selling hearing aid, the Zone, is $67.50. The CFO of the compan
ikadub [295]

Answer:

Economies of scale

Explanation:

Economies of scale refers to reducing total costs per unit by increasing total output. All companies have certain fixed costs, some companies have higher fixed costs than others, but they always exist. When you are producing something, the cost equation is production costs = variable costs per unit + average fixed costs per unit.

Variable costs vary directly with output, while fixed costs do not, e.g. salaries can be fixed, depreciation, rent, interests, etc. The higher the output, the lower the average fixed cost per unit.

Also, sometimes variable costs can also decrease as total output increases. E.g. you can get higher discounts for purchasing larger quantities of materials and supplies.

4 0
3 years ago
You just made the last monthly payment on a 30 year mortgage -- the house is yours! In your joyous moment, you calculate how muc
makkiz [27]

Answer:

$112,807

Explanation:

To calculate the amount of money you borrowed, you have to use the formula to calculate the present value:

PV=FV/(1+r)^n

PV= pressent value

FV= future value= 647,514

r= rate= 6%

n= number of periods of time= 30

PV=647,514/(1+0.06)^30

PV=647,514/(1.06)^30

PV=647,514/5.74

PV=112,807

According to this, you originally borrowed $112,807 for this house.

5 0
3 years ago
Race is best defined as _____.
nirvana33 [79]
A socially constructed category made up of people who share biologically transmitted traits
7 0
3 years ago
Harvey Automobiles uses a standard part in the manufacture of several of its trucks. The cost of producing 60 comma 000 parts is
Fittoniya [83]

Answer:

$69,000

Explanation:

The computation of the operating income would be shown below:

= Buying cost - making cost

where,

Buying cost equals to

= 60,000 × $3

= $180,000

And, the making cost would be

= Variable cost + fixed cost × avoid percentage

= $90,000 + $70,000 × 30%

= $90,000 + $21,000

= $111,000

Now put these values to the above formula  

So, the value would equal to

= $180,000 - $111,000

= $69,000

7 0
3 years ago
The audit Mr. Chu is working on for a technology company is regulated. What does this mean?
Aliun [14]

It means that the technology company will use the audit results to analyze risks. Thus option A is correct.

<h3>What is Audit ?</h3>

Audit refers to the checking of financial records of the company in order to ensure that the records are systematic and accurate. It is very helpful for the outsiders such as creditors, shareholders, government agencies etc as it provides the accurate information about transactions.

Mr. Chu will analyse the financial statements of the technology company an conclude about the risk involved in the company. Thus it helps in analyzing the risk. Therefore, option A is correct.

Learn more about auditing here:

brainly.com/question/14652228

#SPJ1

7 0
2 years ago
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