Answer:
Results are below.
Explanation:
Giving the following information:
Purchase price= $150,000
Useful life= 10 years
Salvage value= $18,000
<u>To calculate the depreciation expense under the double-declining balance, we need to use the following formula:</u>
Annual depreciation= 2*[(book value)/estimated life (years)]
2021:
Annual depreciation= 2*[(150,000 - 18,000) / 10]
Annual depreciation= $26,400
2022:
Annual depreciation= 2*[(132,000 - 26,400) / 10*
Annual depreciation= $21,120
False. There were people laying down bricks way before the middle ages. Egyptians Romans all had bricks and needed someone to lay them.
Answer:
$9,600,000
Explanation:
The computation of overhead assigned to each product is shown below:-
Overhead rate activity = Total overhead cost ÷ Total number of activity
= $9,600,000 ÷ $800,000
= $12
So, the Total overhead assigned to each product = (Widgets × Overhead rate activity) + (Gadgets × Overhead rate activity) + (Targets × Overhead rate activity)
= ($200,000 × 12) + ($150,000 × 12) + ($450,000 × 12)
= 2,400,000 + 1,800,000 + 5,400,000
= $9,600,000
Therefore for computing the overhead assigned to each product we simply applied the above formula.
Answer:
See below
Explanation:
With regards to the above, Marin's correct September 30, 2016 cash balance is computed below;
Balance as per cash book
$22,340
Add: Error in recording cash receipt
($550 - $500)
$50
Less: Bank service charge
($45)
Less: NSF check
($1,500)
Corrected cash book
$20,845
Answer:
outsourcing
Explanation:
Outsourcing is the agreement between two companies where one company hired the other company for producing some specialized services it could be service agencies, agency partners, etc in order to save the cost and the time for a company
Since in the question the company hired an indian company for taking charge in the production area so this represent that the company is engaged in outsourcing
