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3 years ago

Units-of-activity is an appropriate depreciation method to use when

Business

1 answer:

Flura [38]3 years ago

5 0

Answer:

1. the productivity of the asset varies significantly from one period to another.

Explanation:

The units of production depends upon the following information:

1. Purchase value of an asset

2. Residual value

3. Total Estimated production

4. Production units of each year

The formula is given below:

= (Original cost - residual value) ÷ (estimated production bolts)

Now for the particular year, it would be

= Production units × depreciation per units

Hence, the appropriate option is 1.

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Bentley estimates manufacturing overhead of $1,949,400 for 2019 and will apply overhead to units produced based on 722,000 machi

fomenos

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Bentley estimates manufacturing overhead of $1,949,400 for 2019 and will apply overhead to units produced based on 722,000 machine hours.

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 1,949,400/722,000= $2.7 per machine hour.

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 2.7*717,000= $1,935,900

Production cost= direct material + direct labor + allocated moh

Production cost= 1,470,000 + 2,573,300 + 1,935,900= 5,979,200

Unitary cost=5,979,200/2,020,000= $2.96

3 0

3 years ago

A check involves three parties. the person who orders the bank to pay a certain amount of money is called the drawer. drawee. pa

s344n2d4d5 [400]

a cheque involves three parties. the person who orders the bank to pay a certain amount of money is called the drawer

6 0

4 years ago

Read 2 more answers

Madison Finance has a total of $20 million earmarked for homeowner loans and auto loans, where x is homeowner loans in millions

Deffense [45]

Answer:

Ans. Car loans must be $4,000,000 and Home loans $16,000,000 in order to use all the conditions in the problem. Return= $2,000,000

Explanation:

Hi, well, you need to make sure to get as many car loans as the conditions of the problem allows you, since it returns 14%.

I used MS Excel solver to find this result, please download the excel spreadsheet attached to this answer.

Best of luck.

Download xlsx

7 0

3 years ago

if an internal audit reveals issues, it is time to do some interviews and document reviews. how many people should be involved i

r-ruslan [8.4K]

'If an internal audit reveals issues, it is time to do some interviews and document reviews. 2 the attorney many people should be involved in the interview process of an employee.

An employee is a person who is paid to work for an individual or company. A worker does not have to work full time to be considered an employee. You just need to be paid for your work by your employer (the person or company that pays your salary).

An employer is an individual, firm, or organization that employs people and pays them wages for their work. A person who works and gets paid is called an employee. Employers provide employment.

An example of an employee is a store clerk. Employees are required to perform specific tasks such as: B. An employee is considered an employee if they wear a name tag and greet customers with certain expressions.

Learn more about employee brainly.com/question/27953070

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6 0

1 year ago

question content areause this information for pierce company to answer the following question.on may 1, pierce company purchased

Marina86 [1]

On May 1, Pierce Company purchased $60,000 of Stanton Company's 12% bonds at 100 plus accrued interest of $2,400. On June 30, Pierce received its first semiannual interest. On February 1, Pierce sold $50,000 of the bonds at 103 plus accrued interest.

The journal entry Pierce will record on February 1 will include the total proceeds from the February 1 sale credit to Gain on Sale of Investments for $1,500

(this would also include a

Dr: Cash for $51,500

Cr: Investment-Stanton Company for $50,000)

Interest is the monetary fee for the privilege of borrowing money, usually expressed as an annual rate (APR). Interest is the amount a lender or financial institution receives for lending money.

In finance and economics, interest is a payment made by a borrower or deposit-taking financial institution to a lender or depositor in excess of the repayment of principal at a specified rate. It is different from a fee that a borrower can pay to a lender or a third party. Interest is usually given as an annual percentage of the loan amount. This percentage is called the interest rate on the loan. For example, if you deposit money in a savings account, the bank will pay you interest. Banks pay you to hold your money and use it to invest in other transactions.

Learn more about interest here

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5 0

2 years ago