1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
yuradex [85]
3 years ago
5

A jet ski depreciates at 11% of its original value each year. If the jet ski was $8000 at its time of purchase, what is the valu

e of the jet ski after 5 years?
$13,480.47

$7,120.00

$6,958.86

$4,467.25
Business
1 answer:
mario62 [17]3 years ago
6 0
<span>The correct answer would be D) $4,467.25. This should be calculated compoundedly, as depreciation does not work in a linear fashion. Year 1 depreciation would be 11% of $8000 = $7120. Year 2 depreciation would be 11% of $7120 = $6336.80. Year 3 would be so on until you reach Year 5 and you get the final value as $4467.25.</span>
You might be interested in
Opal deducted $2,560 of state income taxes on her tax return last year. this year she received a state income tax refund of $330
bazaltina [42]
 negative 45 to become what she wants to 
bra have a good day ill respond later


3 0
2 years ago
​J&amp;J Materials and Construction Corporation produces mulch and distributes the product by using dump trucks. The company use
lilavasa [31]

Answer:

$3,999.04 F

Explanation:

Calculation to determine the​ flexible-budget amount for variable manufacturing​ overhead?

First step is to calculate the Budgeted fleet hours per unit

Budgeted fleet hours per unit = 568 ÷ 710

Budgeted fleet hours per unit = 0.8

Second step is to calculate the Budgeted fleet hours allowed for 660 truckloads

Budgeted fleet hours allowed for 660 truckloads

Budgeted fleet hours allowed for 660 truckloads = 660 × 0.8

Budgeted fleet hours allowed for 660 truckloads = 528

Third step is to calculate the Budgeted variable overhead rate per machine hour

Budgeted variable overhead rate per machine hour = $89,460 ÷ 528

Budgeted variable overhead rate per machine hour = $169.43

Fourth step is to calculate the Flexible-budget amount

Flexible-budget amount = 528× $169.43

Flexible-budget amount= $89,459.04

Now let calculate the Flexible-budget variance

Flexible-budget variance = $85,460 − $89,459.04

Flexible-budget variance= $3,999.04 F

Therefore the Flexible-budget variance is $3,999.04 F

4 0
2 years ago
The Greeson Clothes Company produced 25,000 units during June of the current year. The Cutting Department used 6,380 direct labo
ra1l [238]

Answer:

Cutting Department:    

Rate variance = 6380*(10.9-11) = -638 Favorable  

Time variance = 11*(6380-25000*0.25) = 1430 Unfavorable  

Total direct labor cost variance = (6380*10.9)-(25000*11*0.25) = 792 Unfavorable

Sewing Department:

Rate variance = 9875*(11.12-11) = 1185 Unfavorable  

Time variance = 11*(9875-25000*0.4) = -1375 Favorable  

Total direct labor cost variance =(9875*11.12)-(25000*11*0.4) = -190 Favorable

4 0
2 years ago
Catherine works for BluCorp, which has an employee handbook stating that employees will be terminated for good cause. Catherine'
adell [148]

Answer:

Contract

Explanation:

The reason is that the employee contract helps the employee to protect his rights and avoids the BluCorp to terminate the employee without any reason. So the employees act also safeguards the employee's rights and talks about the damages and the fines that will be imposed on the employer for terminating employees without any reasons.

3 0
3 years ago
Jessica who owns a restaurant in New York City and is generating handsome profit from the business, has decided to take a portio
lara [203]

Answer:

Financialisation

Explanation:

Financialisation is about changes in the actual conduct and meaning of work .

5 0
3 years ago
Other questions:
  • Warrick Boards calculated pension expense for its underfunded pension plan as follows:
    15·1 answer
  • Copy Center pays an average wage of $12 per hour to employees for printing and copying jobs, and allocates $18 of overhead for e
    6·1 answer
  • The ultimate goal of any product costing system for a manufacturer is to determine the cost of producing one unit of product.
    13·1 answer
  • Tabby Tolman is a project coordinator at Tristar Solutions. Whenever a new project comes her way, she holds a project meeting an
    14·2 answers
  • Castles in the Sand generates a rate of return of 12% on its investments and maintains a plowback ratio of .40. Its earnings thi
    10·1 answer
  • DuPont identity.  For the firms in the popup​ window,
    7·1 answer
  • Forten Company's current year income statement, comparative balance sheets, and additional information follow. For the year, (1)
    14·1 answer
  • Evaluating debt burden. Ted Phillips has a monthly take-home pay of $1,685; he makes payments of $410 a
    12·1 answer
  • True or false: The labor rate variance measures the productivity of direct labor. True false question. True False
    8·1 answer
  • Azzura is comparing different cars and believes that the sedan has a better mix of benefits in relation to price than the sports
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!