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Alisiya [41]
4 years ago
14

MC Qu. 9-81 Holly, Inc. has a building that originally cost... Holly, Inc. has a building that originally cost $410,000. Holly e

xpects to be able to sell the facility for $244,000 at the end of its useful life. The balance of the related Accumulated Depreciation account is $107,000. The depreciable cost of the facility is: Multiple Choice $166,000. $137,000. $303,000. $107,000.
Business
1 answer:
PilotLPTM [1.2K]4 years ago
5 0

Answer:

$166,000

Explanation:

Depreciation is a method used in expensing the cost of an asset. It is the reduction in the value of an asset.

Depreciable cost is the amount of an asset's cost that would be depreciated.

Depreciable cost = Cost of asset - Salvage value

$410,000 - $244,000 = $166,000

I hope my answer helps you

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Roche Biotech provides company cars for its salespeople that cost an average of $25,000. Using the class recovery system of five
Len [333]

Answer:

$8,000

Explanation:

Data provided in the question:

Average cost of car = $25,000

Now,

Using the class recovery system of five years,

The rate of depreciation expense in year 2 of the MACRS is 32%

Therefore,

The depreciation expense in the year 2 will be

= Average cost of car × Rate of depreciation

= $25,000 × 32%

or

The depreciation expense in the year 2 = $8,000

7 0
3 years ago
La Wear, a very expensive brand of clothing and accessories d of clothing and accessories, promotes its products by appointing f
Anika [276]

Answer:

c) Admiration

Explanation:

Advertising appeals are communication strategies adopted in advertising to persuade the audience to buy or act in a certain way.

La Wear is using the <em>Admiration appeal</em>  because<em> they are </em><em>marrying the idea </em><em>of famous personalities to their expensive clothing & accessories. </em>

The connection of brand ambassadors with the La Wear appeals the audience to connect with these ambassadors and encourage to buy product because they recognize these ambassadors as a source of admiration and respect.

 

7 0
3 years ago
Which statement is true?
Vikki [24]

Hewo, Your answer is <em>"Taxes paid to the government have no direct effect on the economy". </em>The First is incorrect because savings save money, and do not leak any income. Number 2 is incorrect because Companies and Businesses pay wage to employees, and not employees pay to the business. And Exports, earn money, because you sell and export a product. Hence the logical answer is #4.

8 0
3 years ago
Most investors will not give your company money unless you have what?
Oduvanchick [21]
Unless you have a Business Plan.

Business plan contain your Objectives and step by step strategy that you will do in order to expand your Company.

Showing in front of investors without it make them questioned your commitment as a future Partner. To put it simply, you look like a careless & unmotivated person that is really bad for business
5 0
3 years ago
Felinas Inc. produces floor mats for cars and trucks. The owner, Kenneth Felinas, asked you to assist him in estimating his main
Paul [167]

Answer:

D. $162

Explanation:

We know,

Using high-low method, variable cost per unit = (Highest maintenance expense - Lowest maintenance expense) / (Highest machine hours - Lowest machine hours)

Given,

Highest maintenance expense = $4,360

Lowest maintenance expense = $2,950

Highest machine hours = 2,500 hours

Lowest machine hours = 1,660 hours

Therefore,

Variable cost per unit = $(4360 - 2950)/(2500 - 1660)

Variable cost per unit = 1410/840 = 1.68

Total Fixed cost using lowest machine hours =

Total cost - (variable cost per unit x least machine hours)

= 2,950 - (1.68*1,660)

= $162

6 0
3 years ago
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