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zloy xaker [14]
3 years ago
15

Defined as a loss in value from any cause, depreciation is generally divided into three categories. The loss of value due to the

normal wear and tear on a property is called
a. physical deterioration.
b. functional obsolescence.
c. external depreciation.
d. economic deterioration.
Business
1 answer:
Zarrin [17]3 years ago
8 0

Answer:

a. physical deterioration.

Explanation:

Depreciation is the decrease or loss of value of an asset. Money, plants and machinery are subject to a decline in value due to various reason. Appreciation is gain in value and therefore, an opposite of depreciation.

Physical depreciation is the loss of value due to aging, or wear and tear.  It arises from the usage of the asset or collusion. Physical depreciation is naturally occurring.  It begins as soon the asset is purchased and placed under its intended use.

The cost of depreciation is the difference between an assets cost price and the estimated value after wear and tear.

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Comparing ABC and Plantwide overhead Cost Assignments Wellington Chocolate Company uses activity-based costing (ABC). The contro
asambeis [7]

Answer:

$432,000 Setting up equipment ⇒ based on setup hours

$1,440,000 Other overhead ⇒ based on oven hours

product                units produced            setup hours          oven hours

Fudge                         8,000                         6,400                    1,600

Cookies                  445,000                         1,600                    8,000

1) Activity rate:

  • a) setup hours = total setup costs / total setup hours = $432,000 / 8,000 hours = $54 per setup hour
  • b) oven hours = total other overhead costs / total oven hours = $1,440,000 / 9,600 hours = $150 per oven hour

2) total overhead assigned to fudge = (6,400 setup hours x $54 per setup hour) + (1,600 oven hours x $150 per oven hour) = $345,600 + $240,000 = $585,600

5 0
3 years ago
In the underground city of Neverwhere, GDP is $15 trillion, consumption is $10 trillion, and government spending is $2.5 trillio
9966 [12]

Answer:

$3 trillion

Explanation:

Given that,

GDP = $15 trillion

consumption = $10 trillion

Government spending = $2.5 trillion

Taxes = $1 trillion

Net capital inflow = $0.5 trillion

Investment:

= GDP - Consumption - Government spending + Net capital inflow

= $15 - $10 - $2.5 + $0.5

= $3 trillion

We know that savings is equal to investment spending.

Therefore, the total savings for the economy of Neverwhere is $3 trillion.

8 0
3 years ago
You have eaten two bowls of ice cream at sundae school ice cream store. you consider eating a third. as a rational consumer you
Karo-lina-s [1.5K]
The benefits from eating one more bowl of ice cream to how much one more bowl of ice cream costs.
4 0
3 years ago
A landlord entered into a 10-year lease of a building with an auctioneer, who planned to use the building itself for a storage a
ArbitrLikvidat [17]

Answer:

$2,000

Explanation:

Usually, the landlord is required to notify the tenant if he/she plans to sell the property, but regardless of who owns the property (the original landlord or  a new landlord), the contract terms are valid and must be honored by both the current landlord and the tenant.

The new owner immediately became the new landlord and he/she assumed all the responsibilities stated in the lease contract. Since the lease contract stated that the "lessor (landlord) agreed to maintain all structures on the property in good repair", the new landlord must pay for any necessary repairs.  

8 0
3 years ago
Are now the largest single component of the supply side of gdp, representing over half of gdp.
saveliy_v [14]

Services are now the largest single component of the supply side of gdp, representing over half of gdp.

4 0
3 years ago
Read 2 more answers
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