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myrzilka [38]
3 years ago
15

Use straight line (SL) depreciation to determine a. annual depreciation charge (5 points) and b. annual book values for the life

of the asset having the price of $1,200,000, depreciable life of 8 years, and the salvage value of $200,000. (10 points)
Business
1 answer:
Andrew [12]3 years ago
4 0

Explanation:

The computation is shown below:

Year            Depreciation                Book value

0                                                      $1,200,000

1                   $125,000                    $1,075,000

2                  $125,000                    $950,000

3                  $125,000                    $825,000

4                  $125,000                    $700,000

5                  $125,000                    $575,000

6                  $125,000                    $450,000

7                  $125,000                     $325,000

8                  $125,000                     $200,000

The depreciation expense is

= ($1,200,000 - $200,000) ÷ (8 years)

= $125,000

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nalin [4]

Answer: $45 per machine hour

Explanation:

Company uses machine hours as its overhead allocation base and there were 106,000 machine hours planned.

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The rate will therefore be;

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3 0
3 years ago
If a household's income rises by 30%, its budget constraint will A) shift out parallel to the old one. B) pivot at the Y-interce
aliina [53]

Answer:

A

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6 0
3 years ago
Whats the estimate sum for 3/56+8/9
valentinak56 [21]
You can make 9 into a fraction with the denominator of 56.

8/9= 48/56 (multiply both by 6)

Just add three to the numerator. We can round 48 to 50, so:

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I hope this helps!
~kaikers
4 0
3 years ago
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Vedmedyk [2.9K]

Answer:

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Electronic banking facilities that uses electronic equipment are;

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