The total cost of Jurislon to be purchased in August is: Multiple Choice $1,839,600 $1,208,700 $1,014,300 $1,017,000
1 answer:
Answer: $1,014,300
Explanation:
The company wants to maintain 20% of the next month's needs as ending inventory.
One Miniwap requires 2.5 kg of Jurision to be made.
Materials purchased is;
= Ending inventory + Materials used - Begining inventory
Ending Inventory;
= 20% of September Jurision
= 20% * 21,300 * 2.5
= 10,650 kg
Materials used
= 2.5 kg * August Miniwaps
= 2.5 * 22,600
= 56,500 kg
Materials Purchased = 10,650 + 56,500 - 10,800
= 56,350 kg
Cost of Jurision is $18 per kilo
= 56,350 * 18
= $1,014,300
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Answer:
A.7,650,000
B.2,677,500
C.17,000,000
Explanation:
DATA:
purchase cost = 42,500,000
Useful life = 5 years
Estimated useful life in miles = 5,000,000 miles
Salvage value = 4,250,000
Actual useful life in miles = 350,000miles
Solution
A. Depreciation (straight-line)=
Depreciation( straight-line)=
Depreciation( straight-line)= 7,650,000
B Depreciation (units of production)= (cost-Salvage value) x
Depreciation (units of production)= (42,500,000-4,250,000)x
Depreciation (units of production) = 2,677,500
C. Depreciation (Double declining) = 2 x cost x depreciation rate
Depreciation (Double declining) = 2 x 42,500,000 x 0.2(w)
Depreciation (Double declining) = 17,000,000
Working
Depreciation Rate = 1/Useful
Depeciation Rate = 1/ 05 = 0.2