Answer:
b)
Annual Depreciation expense= $58,800
Explanation:
<em>According to International Accounting standards(IAS) 16 property plan and equipment (PPE), the cost of an asset is the purchase cost plus other costs of bringing it to the intended working conditions.</em>
So we will add the purchase cost to installation , freight charges.
Cost of assets = 300,000 + 14,000 + 40,000 =$354,000
Annual depreciation = (Cost - Scrap Value)/ Number of years
= (354,000 - 60,000)/5
=$58,800
Annual Depreciation expense= $58,800
What is my income. then subtract
what are my ordinary monthly expenses.
what is my weekly allowance.
what are my incidentals
what are my insurance and taxes going to be.
are these included in the mortgage.
allow 10% for tithing
clothing costs
medical copays.
do you get paid for sick days.
Answer:
Midpoint value of price elasticity of demand = -2.07
Explanation:
We know,
Midpoint value of price elasticity = ![\frac{(Q_{2} - Q_{1})/[(Q_{2} + Q_{1})/2] }{(P_{2} - P_{1})/[(P_{2} + P_{1})/2] }](https://tex.z-dn.net/?f=%5Cfrac%7B%28Q_%7B2%7D%20-%20Q_%7B1%7D%29%2F%5B%28Q_%7B2%7D%20%2B%20Q_%7B1%7D%29%2F2%5D%20%7D%7B%28P_%7B2%7D%20-%20P_%7B1%7D%29%2F%5B%28P_%7B2%7D%20%2B%20P_%7B1%7D%29%2F2%5D%20%7D)
Given,
Original Price, 
= $15
New Price, 
= $12
Original Quantity demanded, 
= 1,000 units
New Quantity demanded, 
= 1,600 units
Putting the value in the above midpoint formula, we can get
Midpoint value of price elasticity = ![\frac{(1,600 - 1,000)/[(1,600 + 1,000)/2]}{(12-15)/[(12+15)/2]}](https://tex.z-dn.net/?f=%5Cfrac%7B%281%2C600%20-%201%2C000%29%2F%5B%281%2C600%20%2B%201%2C000%29%2F2%5D%7D%7B%2812-15%29%2F%5B%2812%2B15%29%2F2%5D%7D)
Midpoint value of price elasticity = 
Midpoint value of price elasticity = 
Midpoint value of price elasticity of demand = -2.07
Answer:
Flex warehousing
Explanation:
Flex warehousing also known as Public Warehousing, is a form of warehousing in which various firms seek to store high-turnover product in spaces for short periods of time.
It is a type of warehouse space which allows many clients' products to be received, handled, stored, and transported out in a flexible environment.
It is used to cater for overflow of goods, so as to maximize the space and labor reserved for only one contract client at a time.
Hence , in this case, this is an example of FLEX WAREHOUSING.
Answer:
a) Manufacturing overhead applied to Work in Process for the month was $70,000
Explanation:
Data provided in the question
The total of the Manufacturing Overhead account = $58,000 i.e incurred
And, the total of credit to the account = $70,000 i.e applied amount
So according to the given data, the manufacturing overhead should be applied to the work in process with the total credit amount i.e $70,000
Hence, the first option is correct
