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const2013 [10]
3 years ago
9

In January of this year, Amazon bought a machine for $220,000. The machine has a useful life of 10 years and a salvage value of

$60,000. Amazon uses the units of production method to depreciate this machine. Yamazon estimates that the machine will be used for 800,000 machine hours. In May, the equipment was used for 5,000 hours. Record the depreciation entry for May:
Business
1 answer:
Step2247 [10]3 years ago
4 0

Answer:

Depreciation expense for May $1000

Explanation:

The depreciation expense is the systematic allocation of the cost of asset over the estimated useful of the asset. The units of production method of depreciation allocates the depreciation based on the level of activity for which the asset is used in a particular year divided by the activity expected throughout the useful life of the asset.

The depreciation is calculated as follows,

Depreciation expense = (Cost - Salvage value) * Activity in units for the period/Activity in units over the total estimated useful life of the asset

Depreciation expense - May = (220000 - 60000) * 5000/800000

Depreciation expense - May = $1000

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In 2–3 sentences, describe how you would conduct a search for a single record.
boyakko [2]

There are several ways you can find a record. The easiest way is by using  the find command. You can do this by pressing the combination keys Control + F. You will then see a mini search box in the top right corner of your screen.   Lastly, type in the word, phrase, or record that you want to find.  You will then be directed to several highlighted words, and TADA! :D

Hope this helps  :)

7 0
3 years ago
Considering the needs of a global audience is essential to success in the hospitality and tourism industry?
ozzi

Answer:

True

Explanation:

In simple words, the hospitality and tourism industry refers to the activities related to accommodation, restaurant and tourism etc. In such industries the main focus of the companies is the comfort and joy of their clients. This becomes difficult to implement as every individual have different needs and circumstances. Thus, the planning of activities should be made in such a way that it suited the global audience.

8 0
3 years ago
An asset has an average return of 10.94 percent and a standard deviation of 20.98 percent. What range of returns should you expe
valkas [14]

If the standard deviation is 20.98%. The range you should expect to see with a 95 percent probability is: -31.02 percent to +52.9 percent.

<h3>Expected range of return </h3>

Expected range of return = 10.94 percent ± 2(20.98 percent)

Expected range of return =[10.94 percent- 2(20.98 percent)]; [10.94 percent + 2(20.98 percent)]

Expected range of return =(10.94 percent- 41.96 percent); (10.94 percent + 41.96 percent

Expected range of return = -31.02 percent to +52.9 percent

Inconclusion the range of returns is: -31.02 percent to +52.9 percent.

Learn more about expected range of return here:brainly.com/question/25821437

8 0
2 years ago
Rodrigo is in charge of employee recruitment and selection for a large national bank. During the selection process, Rodrigo cons
Ivenika [448]

Answer: c. Person-job fit

Explanation: Rodrigo is carrying out a person-job fit analysis which is the process of matching right people to right jobs based upon their capabilities and inherent motivational strengths. It includes compatibility based on employee needs and available jobs to meet those needs; and job demands and employee abilities to meet those demands. While person-job fit is important when hiring competent and capable employees, it requires thoroughly understanding the job and the person under consideration.

3 0
3 years ago
It is always desirable to have a higher compounding frequency, regardless of the initial investment or the time horizon. True Fa
Katena32 [7]

Answer:

The answer is given below

Explanation:

Compounding frequency is the number of times the interest is paid in a year. A higher compounding frequency for a investment with the same initial investment and time horizon would produce more interest and profit as compared to that with a lower compounding frequency. But for a smaller initial investment or less time horizon of higher compounding frequency as compared to larger initial investment or more time horizon of lower compounding frequency, that of the lower compounding frequency is more desirable because it would produce more interest.

5 0
3 years ago
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