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Mandarinka [93]
3 years ago
7

On May 26, 2015, Jamal purchased machinery for $30,000 to be used in his business. He did not elect to expense the equipment und

er §179 or the bonus. On October 10, 2019, he sells the machinery to a scrap metal dealer. What is his cost recovery deduction for 2019 rounded to the nearest dollar? g
Business
1 answer:
Kruka [31]3 years ago
3 0

Answer:

$1340

Explanation:

= 30,000 * 8.93% * 1/2

= 2679 * 1/2

= 1339.5

= $1340

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Pavel [41]

Answer:

<u>discontinuous innovation.</u>

Explanation:

Discontinuous innovation occurs when a new product is launched in the market that influences the design of new consumption habits, new value and new market.

They can also be called radical technological innovation, as they not only add value to an existing product, but create a product that can meet needs that were not possible with a previous product, so it is justified to say that there is a new product and market, such as analog cameras and digital cameras.

There is greater risk and cost in creating a product of discontinuous innovation than incremental product continuation, because creating something new involves many processes, time and costs, and there is still the possibility that the product will not be accepted in the marketplace. Therefore, it is essential for the company to conduct research and development, marketing research, create something that adds value and has a low cost to consumers, and then invest effectively in discontinuous innovation.

3 0
4 years ago
Irrespective of whether a firm produces or shuts down in the short run, fixed cost is equal to its _____
Otrada [13]

Answer:

c. sunk cost.

Explanation:

Because in short run, fixed cost doesn't changes with output, that is whether we produce or not, we have to pay for it, so it is considered as Sunk cost. Also like Sunk cost, we don't make decisions with fixed costs.

4 0
3 years ago
Piechocki Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets
Mama L [17]

Answer:

$97,920

Explanation:

Budgeted direct material cost per unit $ 12.8

Actual level of activity 7,650

Direct material in the flexible budget $ 97,920

6 0
3 years ago
By the end of the accounting period, employees have earned salaries of $650, but they will not be paid until the following pay p
pav-90 [236]

Answer:

The required adjusting entry would be to debit the Salaries expense account $650 and credit the accrued salaries account $650.

Explanation:

When an expense is incurred but yet to be settled in accrual accounting, the expense has to be recognized in the period in which it is incurred by debiting the expense account and crediting the accrued expense ( a liability) account with the amount incurred.

5 0
3 years ago
Effective customer service efforts:
k0ka [10]

Answer: B

Explanation: That's the best one of the 4 options

8 0
1 year ago
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