Answer:
c. an estimate of a plant asset's value at the end of its useful life
Explanation:
The salvage value or the residual value is the estimated value of the fixed asset which can be received at the end of its useful life. So, neither it is a fair market value of a plant asset , nor it is deducted from the accumulated depreciation.
The treatment of the residual value under the straight-line method or any other method is shown below:
The depreciation expense under the straight-line method is shown below:
= (Original cost - residual value) ÷ estimated life in years
The residual value should always be deducted from the original cost of fixed asset
Explanation:
The answer to this question is contained in the attachment. The graph has been used to explain the solution.
A. As license got suspended price rose to p1 as quantity fell from q to q1.
So quantity decreased and price rose.
B. The area market csps, D ands cs were consumer surpluses , after the decrease in amount of vaccines in the market, consumer surplus decreased to area cs, csps became part of producer surplus. Triangle d is the deadweight loss caused by fall in quantity.
Ps and d' are initial producer surplus. Producer surplus after decrease in vaccine can be seen in ps and csps. D' is the dead weight loss as price decreases.
Answer:
a. Yes. It is a probability density function because \sum f(x) =1
. b. probability MCC will obtain more than 30 new clients=P(40)+P(50)+P(60)= 0.20+0.35+0.20=0.75
c. probability MCC will obtain fewer than 20 new clients= P(10)= 0.05
d.
x f(x) x*f(x) x*x*f(x)
10 0.05 0.5 5
20 0.1 2 40
30 0.1 3 90
40 0.2 8 320
50 0.35 17.5 875
60 0.2 12 720
1 43 2050
expected value = \sum xf(x) = 43
Variance = 2050-43^2= 201
Explanation:
Answer:
Carla Vista Company has the following information available for September 2020.
Unit selling price of video game consoles $410
Unit variable costs $328
Total fixed costs $36,900
Units sold 600
Compute the unit contribution margin.
Unit contribution margin enter the unit contribution margin
Prepare a CVP income statement that shows both total and per unit amounts.
Compute Carla Vista’ break-even point in units.
Break-even point in units enter Break-even point in units units
Prepare a CVP income statement for the break-even point that shows both total and per unit amounts.
