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makvit [3.9K]
3 years ago
13

B Company switched from the sum-of-the-years-digits depreciation method to straight-line depreciation in 2018. The change affect

s machinery purchased at the beginning of 2016 at a cost of $72,000. The machinery has an estimated life of five years and an estimated residual value of $3,600. What is B's 2018 depreciation expense?
Business
1 answer:
azamat3 years ago
4 0

Answer:

$9120

Explanation:

Using sum of years digit,

5+4+3+2+1=15

5/15*(72000-3600)=22800 for first year

4/15*68400 = 18240 for second year

Total depreciation before change of accounting policy = 22800+18240=41040

Net value of asset at start of 2018 = 68400-41040= 27360

Straight line depreciation for 2018 = 27360/3 = 9120

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​Brown's, a local​ bakery, is worried about increased costs particularly energy. Last​ year's records can provide a fairly good
Luba_88 [7]

Answer: a. 12.5%

b. -16.67%

c. 5.88%

Explanation:

a. Energy Change will be:

(Production x 12)/Energy

Last year : (1500 × 12)/3200

= 5.625loaves/BTU

Now : (1500 × 12)/2800

= 6.42857 loaves/BTU

Percent Change will be:

= [6.42857 - 5.625]/6.42857 × 100

= 12.5%

b. Capital productivity increase will be:

= Production x 12)/Capital investment

Last year : (1500 × 12)/15000

= 1.2loaves/BTU

Now : (1500 × 12)/18000

= 1 loaves/BTU

Percent Change will be:

= (1-1.2)/1.2 × 100

= -16.67%

b. Labor Change:

Last year : (1500 × 12)/340

= 52.94 loaves/labor hour

Now : (1500 × 12)/320

= 56.25 loaves/labor hour

Percent Change:

= (56.25 - 52.94/56.25) × 100

= 5.88%

6 0
3 years ago
What technology is being used when you are sent an email saying you can track your package?​
navik [9.2K]

Answer:

Explanation: Mail companies use a cellular network and Global Positioning System (GPS) technology to obtain real-time delivery tracking and location information

3 0
4 years ago
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When an insurance company needs to provide a payout, the money is removed from?
enot [183]
<span>The question: "When an insurance company needs to provide a payout, the money is removed from?” follows the answer:

In order for the insurance company to provide the payout, the money is removed from the consumer’s income. The money may also be removed from the pool of funds of the insurance company.</span>
7 0
3 years ago
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"Preemptive rights" means that Multiple Choice existing shareholders can prevent management from issuing additional common stock
Ymorist [56]

Answer:

Preemptive rights mean:

  • existing shareholders are guaranteed an opportunity to retain their proportional share of ownership.
  • management can preempt the right of shareholders to receive dividends if earnings are down.

Explanation:

Preemptive rights are a clause in an option, security or merger agreement that gives the investor the right to maintain his or her percentage ownership of a company by buying a proportionate number of shares of any future issue of the security.

In that case,

  • existing shareholders are guaranteed an opportunity to retain their proportional share of ownership.
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6 0
3 years ago
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Units to be Assigned Costs Kraus Steel Company has two departments, Casting and Rolling. In the Rolling Department, ingots from
BabaBlast [244]

Answer:

the  no of tons started and completed is 3700

Explanation:

The computation of the no of tons started and completed is given below:

Units Completed = Beginning Work in Process Units Completed + Units started and Completed during October

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So,  

Units started and Completed during October = 3,700

Hence, the  no of tons started and completed is 3700

8 0
3 years ago
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