Answer:
100,000 building will be the amount subject to depreciation
Explanation:
The land doesn't depreciate.
The land is the real state property, it is not depleted and neither suffers a loss of value through time.
The real state taxes are tax expenses for the period.
The depreciable basis will be the bulding which is affected for the past of time.
Answer:
C. underallocated
Explanation:
Underallocated amount is that which did not match the actual overhead incurred and it is lower than the actual. While budgeting the estimated overheads are allocated to different departments / products using different basis. Total allocated amount then compared with the actual overheads incurred. Which ultimately result in under / over allocated overhead.
The amount that the insurance company will pay is $960.
<h3>What is insurance?</h3>
.It should be noted that insurance simply means a way that's used to manage risk.
The amount after deduction will be:
= $2200 - $1000
= $1200
The amount that the company will pay:
= 80% × $1200
= $960
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MODERN FAMILY is a nuclear family that emerged in response to the requirements of an urban
The answer is D the answer depends on the interest rate which is not mentioned so there is not enough info
