Answer:
Step-by-step explanation:
a) Data and Calculations:
Estimated useful life of a computer = 5 years
Cost of a computer purchased = $2,400
Annual depreciation expense = $480 ($2,400/5)
This means that the business owner chooses to spread (expense) the cost of the computer over 5 years at a rate of $480.
After 3 years, the cost already expensed = $1,440 ($480 * 3)
The Remaining value of this computer after 3 years of use will be $960 ($2,400 - $1,440).
b) Depreciation is an accounting method for spreading (or expensing) the cost of a long-term asset over its useful life.
Answer:50 cents. $5
Step-by-step explanation: each pound of sugar costs 50 cents. you can find that out by dividing the amount of sugar you have by the cost.
Just divide the original cost for one pound by 4 for each meat.
4.25 divided by 4. if it makes it any easier, 425 divided by 400 because you just move the decimal over and you will get the same result.
2.85 (or 285) divided by 4 (or 400).
then add the original cost per pound for each and then subtract turkey from beef.