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sergejj [24]
3 years ago
11

Waterway Corporation purchased a truck at the beginning of 2020 for $59,500. The truck is estimated to have a salvage value of $

2,380 and a useful life of 190,400 miles. It was driven 27,370 miles in 2020 and 36,890 miles in 2021. Compute depreciation expense using the units-of-production method for 2020 and 2021.
A. Depreciation expense for 2020
B. Depreciation expense for 2021
Business
1 answer:
blondinia [14]3 years ago
5 0

Answer:

In 2020: $ 8,211 and in 2021: $ $11,067

Explanation:

In the units-of-production method, the cost of depreciation is dependent of the asset usage. Depreciation is spread across the units produced.

for waterway corporation:

Cost price = $59,500

salvage value $2,380

useful life 190, 000 miles

Depreciable value: Cost price- salvage value

    =59,500-2380

    =57,120

Depreciation per unit= Depricable cost / by expected mileage

         =  $57,120/190,000

     =$0.30 per unit

Depreciation in 2020: usages x depreciation rate

      =27,370 x 0.30

      =$8,211

Depreciation in 2021: 36,890 x0.30

      =In the units-of-production method, the cost of depreciation is dependant of the asset usage. Depreciation is spread across the units produced.

for waterway corporation:

Cost price = $59,500

salvage value $2,380

useful life 190, 000 miles

Depreciable value: Cost price- salvage value

    =59,500-2380

    =57,120

Depreciation per unit= depricable cost / by expected mileage

         =  $57,120/190,000

     =$0.30 per unit

Depreciation in 2020: usages x depreciation rate

      =27,370 x 0.30

      =$8,211

Depreciation in 2021: 36,890 x0.30

      =$11,067

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Kay [80]

Answer:

a) 1.66 minutes

b) 3.4 out of million deliveries

Explanation:

So, it is a six sigma quality question, we first need to understand little bit about six sigma and how it is to achieve six sigma level.

<u>Six Sigma:</u>

It is the process or technique used by many organizations through out the world to achieve maximum quality in a product or in a service they are providing. It helps to indicate root causes of the process or you can say waste steps which first need to be identified then rectified to bring that top-notch quality in the system. So in this case, in order to calculate part a) we will calculate six sigma control limits.

a) So, for six sigma control limits, the maximum allowable standard deviation is 12 or you can say +6 + (-6) = ±6 = 12. It means all deviations must lie in all 12 standard deviations.

<em>Please refer to the table shown in the attachment.</em> This bell curve represent six sigma concept. In this <em>3 sigma quality level means all deviations must lie in 6 standard deviations.</em>

So, here we have been given that mean = 20, so with mean we can calculate standard deviation in six sigma control limits.

Maximum Allowable Standard Deviation for 6 sigma = Mean/12

                                                                                        = 20/12

                                                                                       = 1.66

So, 1.66 is the maximum allowable standard deviation of arrival times required in order to achieve 6 sigma quality level.

b) In this part, we are asked that, out of million deliveries about how many times bus deliver students too early or too late at this 6 sigma quality level.

<em>For this answer, please refer to attachment again</em>. and notice at the left bottom with the arrow of 6 sigma, we have a number 3.4 ppm means 3.4 part per million.

<em>So, it 3.4 times in a million deliveries bus will deliver students either too early or too late. </em>

8 0
3 years ago
Problems and applications q6 darnell loves playing rock 'n' roll music at high volume. jacques loves opera and hates rock 'n' ro
mafiozo [28]

Answer:

false

Explanation:

The Coase theorem states that parties in dispute should seek an optimal solution to their problem regardless of how property rights were initially distributed.

In this case, you need to find an agreement that satisfies both Darnell and Jacques regardless of who initially would have been considered to be right about the argument. Conflicts over rights to use property can be solved when parties settle on the efficient use of inputs. E.g. they could establish hours at which Darnell can listen to rock n' roll, and other hours when he shouldn't. That way both of them can enjoy the music they like and not bother the neighbors.

An optimal solution can always be reached regardless of initial distribution of rights.

7 0
3 years ago
Which of these savings/investing options has the highest risk
Pavlova-9 [17]

Answer:

STOCKS

Explanation:

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In addition bondholders are creditors of a corporation.

Stockholders, are part owners of a company. In case of bankruptcy, bondholders are given priority.

Savings accounts are protected by the Federal Deposit Insurance Corporation (FDIC) provisions.

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7 0
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The problem with fiscal policy that is created because of the recognition, legislative, implementation, effectiveness, and the e
STatiana [176]

Answer:

A matter of timing

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4 0
3 years ago
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Veronika [31]

Answer:

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Explanation:

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<u>The formula is: </u>

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(I) investment – this is the amount that businesses or owners spend to invest in new equipment or expansions.

(G) government spending – this includes spending on new infrastructure like bridges and roads.

(NX) net exports – this includes spending on a country’s exports minus its spending on imports.

AddedGDP= 56000-8000

AddedGDP= 48000

6 0
3 years ago
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