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ella [17]
3 years ago
6

Lido Pizza purchased a new oven that cost $15,000 cash on January 2, 2016. The oven has an expected useful life of five years an

d an estimated salvage value of $3,000. Tony's uses straight-line depreciation to make adjusting entries each December 31. What amount of accumulated depreciation would Lidos report on the 2017 balance sheet?
Business
1 answer:
Reptile [31]3 years ago
4 0

Answer:

$4,800

Explanation:

The computation of the  accumulated depreciation would Lidos report on the 2017 balance sheet is shown below:

= (Purchase value of new oven- estimated salvage value ) ÷ (expected useful life)

= ($15,000 - $3,000) ÷ (5 years)

= ($12,000) ÷ (5 years)  

= $2,400

Now for 2017, the accumulated depreciation is

= Depreciation expense × number of years

= $2,400 × 2 years

= $4,800

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timofeeve [1]

Answer:

Cost of each bottle of water is $7.

Explanation:

This is the case for economies of scale. When Charles produce 1 bottle of water, it costs him $1 per bottle, when 8 bottles are produced it costs him  $7. The cost per bottle of water reduces as units increases.

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2 years ago
_________________ based vpns are appropriate when the endpoints are controlled by different organizations and network administra
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3 years ago
7. Opal Lindsay has just taken out a loan at her bank. The bank is charging her 12 percent compounded monthly. How much is Ms. L
guajiro [1.7K]

Answer:

12.68250%.

Formula:

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3 0
3 years ago
Which situation is an example of comparative advantage in an international market?
Ede4ka [16]

Factories in Country A can produce the same number of tablets as factories in Country B, or the factories in Country A could be used to build more laptops than the factories in Country B is an example of comparative advantage in an international market.

<u>Explanation: </u>

The comparative advantage of manufacturing a good or service is smaller than that of other nations. Opportunity cost compensation measures.  

A country with a comparative advantage pays off. The benefits of buying are higher than the drawbacks.  

Perhaps the nation isn't the best producer. But for other countries, good or service costs are low.

For Example, Call centers in India. U.S. businesses buy the service because the location of the call center in America is cheaper. Call centers in India are no different than U.S. call centers. Their employees don't always talk very clearly in English. Nonetheless, they offer the service inexpensive enough to make the deal worthwhile.

6 0
3 years ago
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Answer:

Total Direct labor 59649.6

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We have to multiply the production per month, by the amount of hourd it takes to do a single units, then we multiply by the rate per hour.

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Total Direct labor 59649.6

7 0
3 years ago
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