Answer:
$21,600
Explanation:
The computation of the total amount of depreciation to be expense is shown below:
First, we have to find the depreciation rate which is shown below:
= One ÷ useful life
= 1 ÷ 5
= 20%
Now the rate is double So, 40%
In year 1, the original cost is $90,000, so the depreciation is $36,000 after applying the 50% depreciation rate
And, in year 2, the $(90,000 - $36,000) × 40% = $21,600
Residual value is ignored in this method.
Answer: Accounting
Explanation:
Accounting is one of the business process that helps in interpreting and identifying the various types of financial data in an organization or corporation.
The main objective of the accounting is that it manage all the financial based performance in the company and also the cash flows system in the business.
According to the given question, the accounting is known as the functional area that summarized the data or information and also give advises to the manager on the various types of financial based matters in an organization.
Therefore, Accounting is the correct answer.
Answer:
Self assured and doesn't make the same mistake twice
Explanation:
Hope this helps!
Answer:
Explanation:
For materials:
Units transferred out 381,000*
Add:
Materials 42,000*100% = 42,000
Equivalent units 423,000
*Units transferred out = Units stated+Beg inv-End inv = 350,000+73,000-42,000 = 381,000
For conversion costs:
Units transferred out 381,000*
Add:
Conversion cost 42,000*30% = 12,600
Equivalent units 393,600
Correct answer is 423,000; 393,600
Answer:
Not everyone has a Financial Plan because some people don't even know the meaning of a Finiancial Plan and what is does for you in the feature. Some of the people in this world have a Financial Goal because they are either trying to buy there own house or trying to create a new business.
Explanation: