A. compute the basic earnings per share b. compute the diluted earnings per share

Perdue Company purchased equipment on April 1 for $93,420. The equipment was expected to have a useful life of three years, or 7

k0ka [10]

Answer:

The depreciation cost per year is:

Year 1: $16,800

Year 2: $31,200

Year 3: $27,600

Year 4: $15,120

Explanation:

To calculate the depreciation cost for the equipment based on hours used, we must determine the cost per hour:

cost per hour = (purchase cost - salvage value) / expected useful life

cost per hour = ($93,420 - $2,700) / 7,560 hours = $90,720 / 7,560 hours = $12 per hour

The depreciation cost per year is:

Year 1: 1,400 hours x $12 per hour = $16,800

Year 2: 2,600 hours x $12 per hour = $31,200

Year 3: 2,300 hours x $12 per hour = $27,600

Year 4: 1,260 hours x $12 per hour = $15,120

3 0

3 years ago

What examples best demonstrate likely tasks for Distribution and Logistics workers? Check all that apply. Stacy supervises worke

hoa [83]

Answer:

Raisa, Mariah, Calvin

Explanation:

7 0

3 years ago

Read 2 more answers

Sheffield Corp. makes and sells umbrellas. The company is in the process of preparing its Selling and Administrative Expense Bud

FinnZ [79.3K]

Answer:

How much is the total budgeted variable selling and administrative expenses for October?

$17,150

Explanation:

Variable Cost Fixed Cost Total costs

Per Unit for 7,000 units

Sales commissions $0.60 $7,000 $11,200

Shipping $1.20 $8,400

Advertising $0.30 $2,100

Executive salaries $34,000 $34,000

Depreciation $8,000 $8,000

Other $0.35 $28,000 $30,450

TOTAL $2.45 $77,000 $94,150

How much is the total budgeted variable selling and administrative expenses for October?

total variable costs per unit = $2.45 x 7,000 units = $17,150

6 0

3 years ago

3) What are the main factors behind economic growth? Write a short essay. Be expansive. Take a broad view of this question. What

viva [34]

Explanation:

It is a level of goods and services provided by the country in a specific period
Certain factors associated with the economic growth are

1. Natural resources: Every country must protect their land forms so that the natural resources like oil or mineral can be obtained adequately and thus it can boost the economy of the country

2. Infrastructure: Creating an successful infrastructure make goods and services faster and thus increasing the economic growth.

3. Higher population: There are both advantages and disadvantages. We have high man power and on the other side there might be huge unemployment too.

Culture is closely associated with the branch of economy because it can turn the country upside down. Because, it is the culture which decides the like and unlike of a particular product.

8 0

3 years ago

Use this image to answer the following question. The ice cream shop needs about two pounds of cocoa for each gallon of chocolate

navik [9.2K]

I think this is a trick question. Say, there are 2 pounds of cocoa / 1 gallon of chocolate ice cream. But then the problem only mentions the production of eight gallons of strawberry ice cream, not chocolate ice cream.

However, if they're somehow related (like they are made from the same machine), then you need 16 pounds of cocoa to produce 8 gallons of chocolate ice cream.

3 0

4 years ago

A. compute the basic earnings per shareb. compute the diluted earnings per share