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o-na [289]
2 years ago
8

EB11.

Business
1 answer:
GarryVolchara [31]2 years ago
5 0

Answer:

Using High and Low Method  

                            Cost    Miles

                              $

High                     1,250    4,000

Low                      <u>(970) </u>    <u>(3,000)</u>

                            <u> 280 </u>     <u>1,000</u>

Variable cost per mile = $2,800/1,000

                                       =$0.28 per mile                

Explanation:

In this question, there is need to obtain the difference with the highest cost and lowest cost. We also need to calculate the difference between                                                                                                                                                                                                     the highest miles and lowest miles. Finally, we will divide the difference in cost by the difference in miles in order to determine the variable cost per mile.                                                                                                                                                                    

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The annual depreciation taken on a vehicle totals $4,400. The vehicle has been in service for three full years and the adjusting
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Answer:

Depreciation expense =  $4,400

Accumulated depreciation = $13,200

Explanation:

Depreciation: The depreciation is the amount which decreases the value of the asset. It can be by obsolescence, usage, tear and wear, etc.

The annual depreciation is given i.e. $4,400 which will be charged in depreciation expense whereas the accumulated depreciation would be equal to

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Explanation:

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<h3>Requirements of Negotiability </h3>
  • The first of the four major considerations is whether or not a paper is negotiable, and it is one that nonlawyers must address.
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To learn more about the Negotiation instrument refer to:

brainly.com/question/9312091

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