Answer:
(A) Half-year and (D) Half-year
Explanation:
MACRS stands for Modified Accelerated Cost Recovery System and is the most commonly-used tax depreciation method .Without getting into too much detail, MACRS is accelerated depreciation that allows for a larger deduction while the asset is still new. By comparison, straight-line depreciation gives you the same deduction year after year over the asset's useful life. MACRS cannot be used for intangible property, nor can it be used to depreciate. MACRS convention determines the number of months for which you can claim depreciation during a partial year, either when you first placed the asset in service or when you disposed of it. The mid-month convention only applies to residential rental property, nonresidential real property, and railroad grading or tunnel bore. It simply means that you get a half month's worth of depreciation no matter when that asset was placed into (or taken from) service during that month, whether that was at the beginning, middle, or end of the month. The half-year convention works the same way but instead of the month it goes by the year. In other words, you'll get 6 months' depreciation if the asset was placed into service or disposed of during the year, no matter if it was in January or December.
Answer:
A computer's wireless adapter translates data into a radio signal and transmits it using an antenna.
Explanation:
Answer:
Control
Explanation:
Control in management as well as organization is very essential, it is very crucial for organization to achieve their goals. Control helps in the area of taking corrective measures whenever the needs arrises. It involves using technical as well as physical method in regulation of activities within an organization which will later reduces risk. It should be noted that control is
used to describe a technical, physical, or administrative process designed to reduce risk.
Answer:
c) $2,760,000
Explanation:
Computation of the amount of overhead assigned to Slime.
First step
Ordering and Receiving=Cost/Expected use of Driver×Additional Expected use of Driver
$1,200,000/2,000×1,600
=600×1,600
=$960,000
Mixing= Cost/Expected use of Driver×Additional Expected use of Driver
=1,500,000/50,000×30,000
=30×30,000
=$900,000
Testing=Cost/Expected use of Driver×Additional Expected use of Driver
= 1,350,000/1,500×1,000
=900×1,000
=$900,000
Second step
Addition of the total of :
Ordering and Receiving $960,000
Mixing $900,000
Testing $900,000
=$2,760,000
Therefore the amount of overhead assigned to Slime will be $2,760,000
