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RideAnS [48]
3 years ago
5

In March 2017​, the money price of a carton of milk was ​$1.76 and the money price of a gallon of gasoline was ​$2.39. Calculate

the relative price of a gallon of gasoline in terms of milk.
Business
1 answer:
igor_vitrenko [27]3 years ago
6 0

Answer:

A gallon of gasoline cost 1.36 carton of milk

Explanation:

We should divide the given product over the base product

\frac{P_x}{P_b} In this case, gasoline is the product we want to express based on carton of milk:

2.39 gallon of gasoline / 1.76 carton of milk =  1,35795454

A gallon of gasoline cost 1.36 carton of milk

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3 years ago
At December 31, 20X3, before recognizing any depreciation expense for 20X3, X Company has a machine with an original cost of $36
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Answer:

If X Company uses the units of production method for calculating depreciation, depreciation expense in 20X3 will be (rounded):

$45000

Explanation:

Cost                360000  

Accum. Depre 90000  

Usefull life         7  

   

Produce 1 20000  

Produce 2 10000  

Produce 3 50000  

                80000  

   

Deprec=cost/unit    

   

Depre=360000/80000    

Depre= 4,5  

   

Produce 2012  20000 4,5 90000

Produce 2013  10000 4,5 45000

Produce rest   50000 4,5 225000

             80000 4,5 360000

7 0
3 years ago
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