1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
iris [78.8K]
3 years ago
9

Bramble Corp. purchased a delivery truck for $38,800 on January 1, 2019. The truck has an expected salvage value of $1,800, and

is expected to be driven 100,000 miles over its estimated useful life of 8 years. Actual miles driven were 14,700 in 2019 and 12,900 in 2020. (a1) Calculate depreciable cost per mile under units-of-activity method. (Round answer to 2 decimal places, e.g. 0.50.)
Business
1 answer:
Debora [2.8K]3 years ago
6 0

Answer:

Depreciable cost per mile= $0.37

Explanation:

Giving the following information:

Purchase price= $38,800

Salvage value= $1,800

Expected to be driven 100,000 miles over its estimated useful life.

<u>To calculate the depreciable cost per mile, we need to use the following formula:</u>

Depreciable cost per mile= (original cost - salvage value)/useful life of production in miles

Depreciable cost per mile= (38,800 - 1,800)/100,000

Depreciable cost per mile= $0.37

You might be interested in
You possess a SECRET personnel security clearance and have been assigned to work on Project X. Carlos is your superior and has a
Mice21 [21]

Answer:

No. The classified document should not be shared with Carlos

Explanation:

Based on the information given the classified document should not be shared with Carlos because Carlos is not part of the Project X team and he does not have a "need-to-know" secondlly no one else is supposed to be given automatic access to the Secret document in my possession related to Project X or the classified information solely because the person is my superior or because of the person rank, position or security clearance.

6 0
3 years ago
What strategy did president roosevelt use to restore america's confidence in government and the private banking system?
Klio2033 [76]

The strategy used by president Roosevelt to restore America's confidence in government and the private banking system was that, he reassured fireside talks on the radio.

Roosevelt fought to expand the role of the federal government in the nation's economy, and also embraced Keynesian economic policies. He also implemented a series of projects and programs called the New Deal to stabilize the economy.

Roosevelt called his radio talks about issues of public concern as fireside talks. These talks made Americans feel as if President Roosevelt was talking directly to them. He continued to use fireside talks throughout his presidency to address the fears and concerns of the Americans

Hence, these talks gave confidence to the American people to overcome their fears.

To learn more about Roosevelt here:

brainly.com/question/1000563

#SPJ4

5 0
1 year ago
Your firm's last three years of sales have been $1 million, $2 million, and $3 million (oldest to most recent). Year-end invento
Nitella [24]

Answer:

we will save 500,000 dollars worth of inventory.

Explanation:

If sales are 4,000,000 then the expected inventory will be 1,000,000

Giving an inventory turnover of:

4,000,000 / 1,000,000 = 4

IF we double the inventory turnover then:

4,000,000/inventory = 8

So the inventory will be of: 4,000,000/8 = 500,000

the difference is for 500,000

6 0
3 years ago
What do u mean by book keeping why is it important?​
olchik [2.2K]

Jawaban

Bookeeping involves the recording, on a regular basis, of a company's financial transactions. ... With proper Bookkeeping, companles are able to track all information on its books to make key operating, investing, and financing decisions. Bookkepers are individuals who manage all financial data for companies.

8 0
3 years ago
Read 2 more answers
Roger is a freelance accountant hired by Rudy’s Hot Dogs whenever auditing work is needed in the back office. Roger is called
Sonja [21]

Answer:

C) Rudy's Hot Dogs will be liable to Roger if he makes any discrimination or wrongful discharge claims.

Explanation:

Option A is wrong: Roger is not an employee of Rudy's Hot Dogs, he is an independent contractor, therefore Rudy's Hot Dogs does not need to withhold any part of his wage for federal income tax purposes. As an independent contractor, Roger is responsible for paying his own taxes.

Option B is wrong: Roger can be hold liable for any torts committed by him within the scope of the working relationship with Rudy's Hot Dogs.

6 0
3 years ago
Other questions:
  • McRae Corporation's total current assets are $396,000, its noncurrent assets are $512,000, its total current liabilities are $34
    13·1 answer
  • Before polling students in the Scion of Business, a researcher divides all the current students into groups based on their class
    9·1 answer
  • Variable Costing
    8·1 answer
  • One bank offers a 2% variable rate loan, while a competitor offers a 3% fixed rate loan over the same period. It is likely bette
    11·1 answer
  • You manage a popular nightclub, and lately revenues have been disappointing Your bouncer suggests that raising drink prices will
    13·1 answer
  • Duck, an accrual basis corporation, sponsored a rock concert on December 29, 2020. Gross receipts were $300,000. The following e
    7·1 answer
  • Janet Boyle intends to deposit $300 per year in a credit union for the next 10 years, and the credit union pays an annual intere
    8·1 answer
  • MM Proposition II with taxes: Group of answer choices explains how a firm's WACC increases with the use of financial leverage. r
    10·1 answer
  • What is one of the main economic benefits of free trade?
    6·1 answer
  • A store has a 6% restocking fee. If you join the store’s membership program, all items over $100 will have a flat rate restockin
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!