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
Ludmilka [50]
3 years ago
15

Mather Company purchased equipment on January 1, 2018 at a total invoice cost of $336,000; additional costs of $6,000 for freigh

t and $30,000 for installation were incurred. The equipment has an estimated salvage value of $12,000 and an estimated useful life of five years. The amount of accumulated depreciation at December 31, 2019 if the straight-line method of depreciation is used is
Business
1 answer:
mestny [16]3 years ago
7 0

Answer:

$144,000

Explanation:

The computation of accumulated depreciation is shown below:-

Total cost = Invoice cost + Freight + Installation

= $336,000 + $6,000 + $30,000

= $372,000

Depreciation as per SLM = (Total Cost - Salvage Value) ÷ Estimated useful life

= (372,000 - 12,000) ÷ 5

= $72,000

The amount of accumulated depreciation (after 2 years) = Depreciation as per SLM × Years

= 72,000 × 2

= $144,000

So, for computing the accumulated depreciation we simply applied the above formula.

You might be interested in
Using the vendor that all Camp Bow Wow franchises use, which gives a volume discount, purchase additional ramps, tunnels, and po
kari74 [83]

Answer:

c. High Performance

Explanation:

5 0
3 years ago
Bellingham Company produces a product that requires 2.3 standard pounds per unit. The standard price is $3.45 per pound. 15,700
Andru [333]

Answer:

A) Price       7,080     U

B) Quantity 4,630.5  U

C) Total        11.710,5‬ U

Explanation:

DIRECT MATERIALS VARIANCES

(standard\:cost-actual\:cost) \times actual \: quantity= DM \: price \: variance

std cost  $3.45

actual cost  $3.65

quantity 35,400

difference  $(0.20)

(0.2) \times 35,400 = DM \: price \: variance

price variance  $(7,080.00)

(standard\:quantity-actual\:quantity) \times standard \: cost = DM \: quantity \: variance

std quantity 36110.00

actual quantity 35400.00

std cost  $3.45

difference 710.00

(710) \times 3.45 = DM \: quantity \: variance

quantity variance  $2,449.50

Total Variance: 2,449.5 - 7,080 = -4.630,5‬

8 0
3 years ago
A speaker who begins with, "It's a pleasure to return to State University. As you know, I'm a graduate of State. Though it was s
Andre45 [30]

Answer:

C. Personal Reference introduction

Explanation:

This introduction type talks about a subject (State University) by relating the speaker or his experience to the subject.

(A) Quotation is something that is being said by someone. So whether or not this speaker related himself to the university, what he said would still have been taken as a quote or would be put in quotation marks when written down.

(B) A Rhetorical Question is one which is asked without the intent of getting an answer. First of all, there is no question in this speaker's speech.

(D) "Story" would have been the answer if there was no option (C) but the fact that option C exists and more perfectly describes his speech, makes (D) refutable.

5 0
3 years ago
Which of the following is a reason that single sourcing is considered risky/bad?a. Larger orders make quantity discounts more li
Alinara [238K]

Answer:

The correct answer is letter "B": There could be supplier interruptions due to political instability.

Explanation:

Single sourcing refers to a company deciding to choose one particular supplier -even if there are many options from where to select- because of a specific reason. The greater disadvantage of this situation is relying on one supplier for the manufacturing process which at a certain point could bring <em>instability </em>in front of different issues inherent or not to the supplier.

6 0
3 years ago
For greater holding power crossing the securement straps is acceptable?
Drupady [299]
Yes it is acceptable
4 0
3 years ago
Other questions:
  • In a well-functioning cap-and-trade system for pollution rights, the right to pollute will go to those who are able to acquire t
    13·1 answer
  • Using the aging method of accounts receivable method, $5,000 of the company's Accounts Receivable are estimated to be uncollecti
    10·2 answers
  • Kermit bought a production line 5 years ago for $35,000. At that time it was estimated to have a service life of 10 years and sa
    12·1 answer
  • Who was the owner of the large estate at derbyshire?
    10·1 answer
  • Problem 20-40 (LO. 3, 8) Citron, a calendar year taxpayer, began business in January 2017. It had a long-term capital gain of $5
    9·1 answer
  • You have been engaged to review the financial statements of Flounder Corporation. In the course of your examination, you conclud
    15·2 answers
  • Janet is shopping for bottles and formula for her four-month old baby. Last month, the price of her favorite brand of formula wa
    12·1 answer
  • Follow = Multiple thanks ​
    5·1 answer
  • Sales 101 teaches you to: Always just answer the question the customer has Never try to get more information about what the cust
    13·1 answer
  • The interest rate that lenders publish or advertise is usually:
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!