1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kakasveta [241]
3 years ago
6

United Trans Service jet costs $ 55.000.000 and is expected to fly 500.000.000 miles during its 8​-year life. Residual value is

expected to be zero because the plane was used when acquired. If the plane travels 50.000.000 miles the first​ year, how much depreciation should United Trans Service record under the​ units-of-production method? ​(Round the depreciation per unit to two decimal​ places.)
Business
1 answer:
prohojiy [21]3 years ago
5 0

Answer:

Depreciation for first year = $5,500.00

Explanation:

Cost of Jet = $55,000

It is expected to fly 500,000 miles in 8 years.

There is no salvage value.

Now, since the capacity in miles is provided the depreciation expense shall be based on such capacity only, that is units of production method and straight line method shall not be followed until specified.

Provided plane travels 50,000 miles in current year

Depreciation rate = $55,000/500,000 miles = $0.11 per mile

Depreciation for current year = $0.11 X 50,000 miles = $5,500.00

You might be interested in
The marketing manager at Home Depot works with Hunt Advertising to coordinate all promotional messages for a product or a servic
nlexa [21]

Answer:

The answer is "Choice d"

Explanation:

The Advertising Mix is the integration of publicity, personal selling, advertising, and marketing. To maintain a sustainable mix of those promotional resources, advertisers need to look only at the following questions. It really is the company's promotional software. With the assistance of the marketing manager and a 3rd parties advertiser, they sell the offering.

7 0
3 years ago
A visual of a map color-coded to indicate states' rates of consumer debt is an example of
AleksAgata [21]
A cosmograph simply because that is not what any of the other graphs look like. D is the only one that can take the shape of a state.
6 0
3 years ago
Read 2 more answers
U.S. based Majestic Co. sells products to U.S. consumers and purchases all of materials from U.S. suppliers. Its main competitor
lakkis [162]

Answer:

Economic exposure.

Explanation:

Economic exposure is also known as operating exporter is known as a phenomenon where a business's cash flow is affected by currency rate fluctuations. It occurs over the long term and affects product value.

Businesses protect themselves from economic exposure by operational strategies mostly through diversification, and currency risk mitigation strategies.

In this instance Majestic Co a United States company has a competitor in Belgium and so tend to be affected by foreign exchange fluctuations of the dollar to Belgium currency.

3 0
3 years ago
Read 2 more answers
In your office inventory performed on October 8, you notice that the supply of alcohol prep pads in the medical office is low, b
stepladder [879]

Answer:

place the order as soon as the reorder reminder card is reached

Explanation:

Based on the information provided it seems that the most efficient way to handle this situation would be to place the order as soon as the reorder reminder card is reached. Then when placing the order make sure to order enough alcohol prep pads to last until November 10th at the minimum, in order to not have to order more emergency pads before that date.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

6 0
3 years ago
Vijay Inc. purchased a three-acre tract of land for a building site for $250,000. On the land was a building with an appraised v
mart [117]

Answer:

$264,930

Explanation:

Land is an asset, an item of property plant and equipment (fixed asset). As such it is recorded at historical cost which includes the cost of the land as well as other cost incurred in making the land available for use net of the income generated in the process of making the asset available for use. Other cost may have been incurred in the process of purchasing the land but only the cost necessary to make the land available for use are capitalized.

Hence, the capitalized cost of the land is:

= $250,000 + $12,600 - $1,690 + $540 + $3,800 - $320

= $264,930

The cost of insurance will be expensed.

3 0
3 years ago
Other questions:
  • Nike _________________ its products in foreign countries, where labor is cheap and production sites are owned by other companies
    10·1 answer
  • By lowering production costs, subsidies help foreign competitors gain export markets. True or False
    6·1 answer
  • How can inappropriate use of power by managers have a negative effect on employees? How might it negatively affect the business?
    15·1 answer
  • Which entrepreneur had a significant impact on the cosmetics industry?
    6·1 answer
  • The difference between a multinational corporation (MNC) and an international business is that __________.
    15·1 answer
  • Please help me!!!!!!!!
    13·1 answer
  • Rooftop International, Inc. buys insurance against host government takeover when investing in foreign countries. This is an exam
    13·1 answer
  • A 2-year Treasury security currently earns 1.94 percent. Over the next two years, the real risk-free rate is expected to be 1.00
    12·1 answer
  • Lisa agrees to sell Deb an electronic entertainment center worth $1,000 for $700 in order to have a rapid sale. Later Lisa insis
    10·1 answer
  • Hierarchy is the means of coordination in which independent agents adjust their actions in response to information and incentive
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!