If staff salaries were $32,000/month last year and $47,000/month this year, what is the total yearly labor cost increase?

Business

1 answer:

ipn [44]3 years ago

7 0

15,000 because if you look at the amount from last year and just add 15,000 to it you would get 47,000

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Using the double declining-balance depreciation method, the vehicle's second year depreciation expense is: $2,812.50.

<h3>Second year depreciation expense </h3>

First step is to calculate the first year depreciation expense

First year depreciation expense=15,000×(100%/8 x 2)

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Second step is to calculate Second year depreciation expense

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Therefore Using the double declining-balance depreciation method, the vehicle's second year depreciation expense is: $2,812.50.

Learn more about Second year depreciation expense here:brainly.com/question/25806993

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