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Annette [7]
3 years ago
9

Kinney Company purchased a truck for $66,000. The company expected the truck to last four years or 100,000 miles, with an estima

ted residual value of $8,000 at the end of that time. During the second year the truck was driven 27,000 miles.Compute the depreciation for the second year under each of the methods below and place your answers in the blanks provided.Units-of-activity $_________Double-declining-balance $_________
Business
1 answer:
Juli2301 [7.4K]3 years ago
6 0
I dunno (I need to awnser this to ask a question so ignore this)
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Henson company applies overhead on the basis of 120% of direct labor cost. job no. 190 is charged with $120,000 of direct materi
Marizza181 [45]
Total manufacturing costs=direct material+direct labor+manufacturing overhead

Calculate direct labor
Let direct labor be x
120%=1.2
1.2x=180000
Divide both sides by 1.2
X=180,000÷1.2
X=150,000 direct labor

Total manufacturing costs=
120,000+150,000+180,000
=450,000...answer

Hope it helps!
5 0
3 years ago
What is new and innovating about this design/chopping board?
gulaghasi [49]
This chopping board is new and innovative in design and practicality. the classic light wood chopping board look has been reimagined by adding the dark accent stripes breaking up the look. the practicality comes with the handle which has been conveniently placed so the chopping board is easy to move and store. (i hope this helps)
7 0
3 years ago
Bear tracks, inc., has current assets of $2,180, net fixed assets of $9,400, current liabilities of $1,355, and long-term debt o
abruzzese [7]

(a) Total assets = Current assets + Fixed assets  

Total assets = 2180 +9400 = 11,580

Total liabilities = Current liabilities + long term debt

Total liabilities = 1355+3990 = 5,345

According t the accounting equation, Stockholders equity = Total assets - Total liabilities =  11,580-5,345 = 6,235

Stockholders equity = $6,235

(b) Working capital = Current assets - Current liabilities

Working Capital = 2180-1355

Working Capital = $825

3 0
3 years ago
An in-depth understanding of ethics is important to the long-term viability of business because unethical decisions will negativ
Alborosie

An in-depth understanding of ethics is important to the long-term viability of business because unethical decisions will negatively and directly impact all of the following except "the business's number of products".

<u>Answer:</u> Option D

<u>Explanation:</u>

Business growth is immensely dependent upon the ethics followed by business owner, employees and other staff. Business need sufficient trust among business partners, employees, staff, executive, suppliers and customers.

A single unethical decision can act as a weapon to spread negativity which have direct impact on customers, suppliers and image of business in market but not in number of products manufactured by a firm. All kind of business may phase ups and down, its a cycle but maintaining ethics in decision making should remain same otherwise the cycle may get stuck into down phase for long time.

4 0
2 years ago
Haley is an accountant for a large hospital network. She knows that she could easily "skim" money from the organization to keep
xxMikexx [17]

Answer:

C. ​the front page test

Explanation:

The front page test -

It is an analysis method , very useful as it motivates the public to officially think about how his or her actions would look or fell to the outside world .

Same is the case with Haley , since she is aware that she can make a lot of money from the large hospital network , but she is more concern about the threat of being caught and from the reaction of the out side public .

Hence , the correct answer is  the front page test  .

7 0
3 years ago
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