If the company uses the units-of-activity method of depreciation, the amount of depreciation expense for 2021 would be (D) $31,000.
<h3>
What is depreciation?</h3>
- Depreciation in accounting refers to two aspects of the same concept: first, the actual decrease in fair value of an asset, such as the decrease in value of factory equipment each year as it is used and worn, and second, the allocation of the original cost of the assets to periods in which the assets are used in accounting statements (depreciation with the matching principle).
- Thus, depreciation is the loss in asset value and the mechanism used to reallocate, or "write down," the cost of a tangible asset (such as equipment) throughout its usable life period.
To find If the company uses the units-of-activity method of depreciation, the amount of depreciation expense for 2021:
- Annual depreciation expense = (Cost - Salvage value) ÷ 10
- = (380,000 - 70,000) ÷ 10
- = 310,000 ÷ 10
- = $31,000
Therefore, if the company uses the units-of-activity method of depreciation, the amount of depreciation expense for 2021 would be (D) $31,000.
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The correct question is given below:
A factory machine was purchased for $380000 on January 1, 2021. It was estimated that it would have a $70000 salvage value at the end of its 5-year useful life. It was also estimated that the machine would be run 37000 hours in the 5 years. The company ran the machine for 3700 actual hours in 2021. If the company uses the units-of-activity method of depreciation, the amount of depreciation expense for 2021 would be
(A) $62000.
(B) $70000.
(C) $38000.
(D) $31000.
Answer:
The payback period for the new machine is 6 years.
Explanation:
depreciation = $1,500,000/10
= $150,000
payback period = ($100,000 + $150,000)/$1,500,000
= 6 years
Therefore, The payback period for the new machine is 6 years.
This positioning reflects Pepsi’s careful targeting and marketing mix implementation
Explanation:
However, if you characterize your target market carefully and narrowly, your efforts will work more successfully.
Implementation of Marketing Marketing and action planning blend. There are links between the action plans and marketing mix. That is to say, the risk assessments contain a detailed description of the marketing plan, as well as its objectives and targets , mixed marketing activities, processes and measures of program assessment, budgetary factors and scheduling considerations, and quantitative evaluations.
Answer:
b). 72.458 %
a). 24, 213
Explanation:
1). The second option i.e. 72.458% correctly measures the variance percentage brought in the dependent variable(regressed the quantity demanded) by manipulating the independent variable(price elasticity). The first option is wrong as it shows R multiple which is rather the coefficient. The third and the last options are incorrect as they display the intercept employed to determine the quantity and the key error of calculating the standard deviation.
2). The predicted quantity demanded would be 24,213 if the price is fixed at $7.00.
It can be calculated using the formula;
Quantity demanded = Intercept + (Adjusted R squared * Price coefficient)
∵ Quantity Demanded = 56,400.50 + (7 X -4,598.2)
= 24,213
Answer:
0.54
Explanation:
Debt-to-equity ratio = Total Debt ÷ Total Equity
= $107,000 ÷ $197,000
= 0.54
The company's debt-to-equity ratio equals 0.54
