In computing depreciation, salvage value is a. The fair value of a plant asset on the date of acquisition. B. Subtracted from ac
1 answer:
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 =
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.
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Answer:
total sales are the internal failure costs is 2%
Explanation:
given data
form to reduce errors = $15,000
customer complaints = 75,000
Verifying = 30,000
Correcting errors = 60,000
Total = $180,000
sales = $3,000,000
to find out
total sales are the internal failure costs
solution
we know here that internal failture cost is express as
internal failture cost = correcting error in form ...........1
internal failture cost = $60000
and
internal failture cost as % of total cost is here as
internal failture cost to sale = .......2
internal failture cost to sale =
internal failture cost to sale = 2%
so total sales are the internal failure costs is 2%