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Nimfa-mama [501]
3 years ago
8

What will be the depreciation, via the straight line method, if the cost of a plant is $43,250, estimated disposal value is $3,2

50, and the estimated useful life of plant is five years?
Business
1 answer:
Alinara [238K]3 years ago
7 0

Answer:

depreciation expense per year 8,000

Explanation:

<u>The first step,</u> is to calculate the depreciable amount for the asset:

cost - salvage value = amount subject to depreciation

43,250 - 3,250 = 40,000 = depreciable amount

<u>Then,</u> we calculate the depreciation per year:

depreciable amount/ useful life = depreciation per year

40,000/5 = 8,000

In some particular cases, the first year the asset enter the accounting it could be for a period of half the accounting period, so only half-year depreciation is appliedon the first year.

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4. The introduction of camera phones makes cell phones more popular.
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4 years ago
A company would like to produce 1000 products per week for 30 weeks. The Direct Material Cost for the raw materials used in the
ella [17]

Answer:

$60000

Explanation:

Their are 1000 products to produce per week for 30 weeks.

Total of product = 30* 1000

= 30000

For every 100 products, the filter needs to be changed, and it cost $50.

The number of filter used is

= 30000/100

= 300.

So the product cost $1.5

Total cost =

($1.5*30000)+($50*300)

= $45000+$15000

= $60000

4 0
3 years ago
For her purchase, Nadine selects the best deal from two coupon codes offered by a store, one that she received by email and one
sashaice [31]

Considering the situation described above, the marketing technique Nadine is benefiting from is known as the "<u>Omnichannel strategy</u>."

This is because the Omnichannel strategy allows business firms to meet their customers' needs right at the point where they are.

Thus, in this case, where Nadine selects the best deal from two coupon codes offered by a store, one that she received by email and one from a text, is a form of Omnichannel strategy.

This is because Nadine got her products or sales right without necessarily moving to the store.

Hence, in this case, it is concluded that the correct answer is the <u>Omnichannel strategy.</u>

Learn more here: brainly.com/question/23158409

4 0
3 years ago
Sullivan Company uses the periodic inventory system. The following balances were drawn from the accounts of Sullivan Company pri
Arada [10]

Answer:

$11,800

Explanation:

Calculation to determine the gross margin that will be shown on the income statement bartley

First step is to calculate the Cost of goods sold

Cost of goods sold = 5,100 + 9,900 + 1,350 - 1,150 - 5,500

Cost of goods sold = $9,700

Now let determine the Gross margin

Using this formula

Gross margin=Sales-COGS

Let plug in the formula

Gross margin = $21,500 - $9,700

Gross margin = $11,800

Therefore the gross margin that will be shown on the income statement bartley is $11,800

5 0
4 years ago
Which of the following is the best analogy for a project plan?
sasho [114]
The answer is B. Blueprints for a house. Hope it help
6 0
3 years ago
Read 2 more answers
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