A job is something you do to in the short term to earn cash. A piece of work or task that you are paid for. A career is a long-term pursuit of a lifelong ambition. An occupation undertaken for a significant period of a person's life and with opportunities for progress.
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Answer:
A. $53,167
Explanation:
The computation of the depreciation expense under the straight-line method is shown below:
= (Original cost - residual value) ÷ (useful life)
= ($328,000 - $9,000) ÷ (6 years)
= ($319,000) ÷ (6 years)
= $53,167
In this method, the depreciation is same for all the remaining useful life.
The estimated useful life in units is used in units of production method. Hence, it is ignored here.
Answer: 0.8; 5
Explanation:
From the question, we are informed that people decide to save 20 percent of their incomes. We should note that the addition of the marginal prospensity to consume(MPC) and the marginal prospensity to save(MPS) will be equal to 1.
Therefore, the value of the marginal propensity to consume will be:
= 1 - 20%
= 1 - 0.2
= 0.8
The value of the spending multiplier will be calculated as:
= 1/MPS
= 1/0.2
= 5
Answer:
Fixed costs= $2,600
Explanation:
Giving the following information:
January 6,400 $5,980
February 7,000 $6,400
March 4,000 $5,000
April 6,900 $6,330
May 9,000 $8,000
June 7,250 $6,575
<u>To calculate the fixed costs under the high-low method, we need to use the following formulas:</u>
Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)
Variable cost per unit= (8,000 - 5,000) / (9,000 - 4,000)
Variable cost per unit= $0.6 per unit
Fixed costs= Highest activity cost - (Variable cost per unit * HAU)
Fixed costs= 8,000 - (0.6*9,000)
Fixed costs= $2,600
Fixed costs= LAC - (Variable cost per unit* LAU)
Fixed costs= 5,000 - (0.6*4,000)
Fixed costs= $2,600