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Zarrin [17]
3 years ago
13

At the beginning of Year 1, Copland Drugstore purchased a new computer system for $52,000. It is expected to have a five-year li

fe and a $7,000 salvage value. Required a. Compute the depreciation for each of the five years, assuming that the company uses (1) Straight-line depreciation. (2) Double-declining-balance depreciation.
Business
1 answer:
kap26 [50]3 years ago
5 0

Answer:

Explanation:

1. Calculate Straight-line depreciation

= Cost - salvage value/useful life

= $52,000 - $7,000/5

= $45,000/5

= $9,000 per year for 5 years

2. Double-declining-balance depreciation.

= 2 X Cost of the asset/Useful Life

= 2 x $52,000/5

= $104,000/5

= $20,800 year 1

= 2 X Cost of the asset/Useful Life

= 2 x (52,000-20,800)/4

= 2 x 31,200/4

=$62,400/4

= $15,600 year 2

= 2 X Cost of the asset/Useful Life

= 2 x (52,000-20,800-15,600)/3

= 2 x 15,600/3

= $31,200/3

= $10,400 year 3

= 2 X Cost of the asset/Useful Life

= 2 x (52,000-20,800-15,600- 10,400)/2

= 2 x 5,200/2

Since the cost bal is less than the salvage value, we have to stop here.

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Which is an attribute of an effective organiation structure?
timofeeve [1]

Answer:

Attributes of an effective organization structure are given below.

1. An effective organizational structure facilitates attainment of objectives through proper coordination of all activities

2. In a effective organizational structure, the conflicts between individuals over jurisdiction are kept to a minimum

3. It eliminates overlapping and duplication of work.

4. It decreases likelihood of runarounds

5. It facilitates promotions of personnel

6. It aids in wage and salary administration

7. Communication is easier at all levels of organizational hierarchy

8. A well-structured organization provides a sound basis for effective planning

9. It results in increased cooperation and a sense of pride among members of the organization

10. It encourages creativity

7 0
3 years ago
Actual fixed overhead is $33,300 (12,000 machine hours) and fixed overhead was estimated at $34,000 when the predetermined rate
Anuta_ua [19.1K]

Answer:

C. $34,500

Explanation:

Given the above information, applied fixed overhead is computed as;

= Standard hours allowed for actual production × Predetermined rate

Standard hours allowed for actual production = 11,500

Predetermined rate = $3 per hour

Then,

Applied fixed overhead

= 11,500 hours × $3 per hour

= $34,500

3 0
3 years ago
Jim is the new manager of operations at Springfield Motors. To his dismay, he finds the employees coming in late to work, taking
alisha [4.7K]

Answer:

The correct answer is letter "B": Positive reinforcement and punishment.

Explanation:

In the Operant Conditioning Method proposed by B.F. Skinner (1904-1990), positive reinforcement refers to the set of actions individuals do to increase the behavior of other individuals. On the other hand, positive punishment aims to decrease behaviors in individuals by prompting undesirable stimuli.

Thus, <em>Jim is implementing positive reinforcement through incentives for workers meeting certain corporate goals and positive punishment by withholding those incentives from employees who get late, take long breaks or act unprofessionally</em>.

6 0
3 years ago
1. Understanding opportunity costYou work as an assistant coach on the university basketball team and earn $15 per hour. One day
Gwar [14]

Answer:

The correct answer is letter "D": $24.

Explanation:

Opportunity cost can be defined as the cost of the best next available option after taking another decision in regards to a situation. It is also the return that the chosen option provides compared to the return that could have provided the option that was forgone.

In this case, choosing to go to the local carnival will represent losing one hour of working as a coach assistant ($15). Besides, as there is a $9 admission fee to the carnival, you will need to spend that money. Thus, the total opportunity cost of going to the carnival instead of working is $24 (<em>$15+$9=$24</em>).

6 0
3 years ago
A monopolist sells 6 units of a product per day at a unit price of $15. if it lowers price to $14, its total revenue increases b
grandymaker [24]
<span>A monopolist sells 6 units of a product per day at a unit price of $15. if it lowers price to $14, its total revenue increases by $22. this implies that its sales quantity increases by: 8 units. 

To solve for the original sales amount: (6 units)($15) = $90
Next find the new unit amount: (8 units)($14) = $112

The difference between these two is a $22 sales increase which means to have the difference in sales be $22 there were 8 units sold instead of 6 units. 

</span>
5 0
3 years ago
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