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TiliK225 [7]
3 years ago
5

On January 1, 2015, Truesdale, Inc., purchased a piece of machinery for use in operations. The total acquisition cost was $33,00

0. The machine was expected to produce a total of 60,000 units in during its life. The machine actually produced 16,000 units during 2015, 23,000 units during 2016, and 21,000 units during 2017. The machinery has a salvage value of $3,000. Using the units-of-production method, the amount of depreciation that should be recorded during 2015 is approximately
Business
1 answer:
olga_2 [115]3 years ago
6 0

Answer:

$8,000

Explanation:

The computation of the depreciation per units or bolts under the units-of-production method is shown below:

= (Original cost - residual value) ÷ (estimated production units)

= ($33,000 - $3,000) ÷ (60,000 units)

= ($30,000) ÷ (60,000 units)

= $0.5 per unit

Now for the 2015 year, it would be

= Production units in second year × depreciation per bolts

= 16,000 units × 0.5

= $8,000

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olganol [36]

Answer:

9.62%.

Explanation:

Set the values of the bond on the financial calculator as follows :

PV = - $785

FV = $1,000

PMT = $1,000 x 4% = $40

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I/YR = ??

Here the question requires us to determine the value of the yield to maturity or I/YR.

Inputting the values as above in the financial calculator gives the I/YR as 9.62%.

3 0
3 years ago
Consider the market for cars. Which determinant of demand is affected by each of the following events? Choose from: consumer pre
yulyashka [42]

Answer:

a. consumer preferences

b. number of buyers

c. incomes

d. price of related goods

e. price of related goods

f. expectations

Explanation:

a. consumer preferences : It is characterized as the qualitative of the numerous bundles of products, as calculated by utility.

b. number of buyers : The number of buyers willing and capable to purchase goods is presumed to be continuous when building a demand curve.

c. incomes : Income is funds earned by an external party in return for the purchase of a product or service or through the expenditure of cash.

d. price of related goods : Cost and demand for the products. Fits are resources that are used together.

e. same as D.

f. expectations: A firm belief that anything is going to happen or be done in the future.

3 0
3 years ago
The CEO of the company you are interning for states that her number one goal for the year is to maximize the company’s profit.
Zanzabum

Answer:

Explanation:

Profit maximization objective can easily be manipulated and it is highly subjective. Management may decide to avoid some costs in the short-term such as Investment in Assets, Investment in R &D and other discretionary cost in order to have an impressive profit performance. In the long-run, the avoidance of this cost now may reduce the earnings capacity of the company assets.

Using profit as measure of performance for manager may encourages dysfunctional behavior.

In the true sense, profit generation may not translate into increase in the value of the company . For example, management may decide to reduce depreciation charge, decide to over state revenue or over valued inventory

On other hand, maximizing shareholder value is a long-term and sustainable objective that involved investing in viable projects with positive net present value to enhance the value of the company.

When this is used as a performance measure , it very difficult to manipulate in the short-term.

6 0
4 years ago
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Answer:

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Explanation:

4 0
3 years ago
What is an element of management activity in business?​
solniwko [45]
PublicityProduction and manufacturing is another element of management. Management involves coordinating employees' actions to achieve the firm's goals, organizing people to work efficiently, and motivating them to achieve the business's goals.
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