Answer:
$22000 and $50000.
Explanation:
Given: Purchased value of equipment- $72000.
Residual value- $6000
Estimated useful life of equipment- $ 5 years.
Now, finding value of depreciation for 2011 using the sum of the years digits method.
Depreciation cost= 
⇒ Depreciation cost= 
∴ Depreciation cost= $66000.
Depreciation fraction for 1st year= 
Depreciation expense for 1st year= 
∴ Depreciation for 2011 is $22000.
Next, lets find out the book value at the end of first year.
Book value= 
Book value= 
∴ Book value at December 2011 is $50000.
Answer:
Total cost= $43,344
Explanation:
Giving the following information:
Cardero Midwifery's cost formula for its wages and salaries is $2,280 per month plus $348 per birth. For August, the company planned for an activity of 118 births.
<u>To calculate the budgeted cost, we need to use the following formula:</u>
Total cost= total fixed cost + unitary variable cost*number of units
Total cost= 2,280 + 348*118
Total cost= $43,344
Answer:
B. It sells books to students.
Explanation:
Students is the only end-consumer in the choice of option.
Answer:
Algorithm
Explanation:
An algorithm can assist in solving organizational problems by setting standards that will aid in decision making. They are effective because they use statistical data and past information stored so that through artificial intelligence executives get data that surpasses human limitations. But it should be reviewed by IT professionals to avoid failures.
Answer: -($0.5025) million
Explanation:
As depreciation is expected to increase this year by $0.670 million.
Therefore,
Expenses will increase and will result in decrease in income before tax by $0.670 million.
Additional tax saving on increase in depreciation = $0.67 × 25%
= $0.1675 million
Hence,
Total change in net income = -($0.67) + $0.1675
= -($0.5025) million
