Based on the type of business they run, we can infer that the wall clocks are <u>outputs. </u>
Operations involve:
- Inputs - materials and labor used to produce goods and services
- Equipment - help the labor produce
- Outputs - these are the final products of the production process
The wall clocks are sold by Claudia and Giada and so can be referred to as the final product of their business. This means that the wall clocks are therefore outputs.
In conclusion, the wall clocks are output.
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Answer:
Annual depreciation= $48,000
Explanation:
Giving the following information:
Purchasing price= $135,000
Salvage value= $15,000
Useful life= 5 years
<u>To calculate the depreciation expense under the double-declining method, we need to use the following formula:</u>
Annual depreciation= 2*[(book value)/estimated life (years)]
Annual depreciation= 2*[(135,000 - 15,000) / 5]
Annual depreciation= $48,000
Answer:
Check the explanation
Explanation:
the step by step answer to the question above can be seen below:
Solution 1:
Number of cocoa beans allowed for the actual output = Actual Output pounds * Cocoa beans per unit
= 480,000 * 400 = 192,000,000 beans
Solution 2:
Labor hours allowed for the actual output = 480,000*0.15 = 72,000 hours