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
sashaice [31]
3 years ago
6

The Washington Company purchased a new machine for $200,000. In addition to the invoice cost of the unit they had to pay $5,000

in freight, $10,000 in wiring, and installation labor of $10,000. The company estimates the machine will have a ten year life and the salvage can be sold for $25,000 at the end of ten years. Compute the straight line depreciation for years one and two.
Business
1 answer:
ehidna [41]3 years ago
5 0

Answer:

The answers are $20,000 and $17,500.

Explanation:

Straight Line Depreciation is a calculation made to find the amount that an asset's value has reduced over a certain period of time.

The formula for it is \frac{(Cost Of Asset) - (Salvage Value)}{Asset Life}.

The cost of the asset is $200,000 but for the first year there are also the freight, wiring and installation costs which apply just once and they come up to $25,000 in total.

So the depreciation for year one is going to be \frac{225,000 - 25,000}{10} which is $20000.

The depreciation for year two is going to be \frac{200,000 - 25,000}{10} which is $17,500.

I hope this answer helps.

You might be interested in
Under what circumstancess should outsourcing be used for building Information systems​
Zinaida [17]

Answer:

FOR LIFE INSURANCE DENSITY

6 0
3 years ago
Fixed Overhead Spending and Volume Variances, Columnar and Formula Approaches
shutvik [7]

Answer:

Fixed Overheads Spending Variance = $5,000 Unfavorable(U).

Fixed Overheads Spending Variance = $20,000  Favorable (F).

Explanation:

Fixed Overheads Spending Variance = Actual Fixed Overheads  - Budgeted Fixed Overheads

                                                              = $305,000 -  $300,000

                                                              = $5,000 Unfavorable(U).

Fixed Overheads Spending Variance = Fixed Overheads at Actual Production  - Budgeted Fixed Overheads

                                                              = ($5.00 × 64,000) - $300,000

                                                              = $320,000 - $300,000

                                                              = $20,000  Favorable (F)

3 0
3 years ago
A country in South America is experiencing high inflation, around 15% annually, and high unemployment, around 25%. According to
Assoli18 [71]

Answer:

The correct answer is the option D: A negative real shock

Explanation:

To begin with, in the case presented where the economy has suffered from high inflation and unemployment rates then the most likely situation that could have happened before to explain this outcome is that the country and its economy were harmed badly by a negative real shock. This tend to happen when the aggregate supply is low and this one tends to decline rapidly affecting the economy in its whole due to the fact that the sellers are now producing less of the products and services and therefore the consumption and the real GDP decreases dramastically.

5 0
3 years ago
what are the eight areas of wellness and how can they can they be incooprated into someones daily life
zimovet [89]

Answer:

emotional, spiritual, intellectual, physical, environmental, financial, occupational, and social. Wellness can be compromised by lack of support, trauma, unhelpful thinking styles, chronic illness/disability, and substance use.

Explanation:

6 0
3 years ago
You recently purchased a stock that is expected to earn 30 percent in a booming economy, 9 percent in a normal economy, and lose
sergiy2304 [10]
Took me a bit to understand what this is. I have no business sense at all.

Expected Rate of Return = 30%*5% + 9%*75% - 33% * (100 - 75 -5)%
Expected Rate of Return = 0.015 + 0.0675 - 33%*20%
Expected Rate of Return = 0.015 + 0.0675 - 0.066
Expected Rate of Return = 0.0165

This then is expressed as a %
0.0165 = 1.65 % Sounds like you are buying a US short term treasury.
If anyone else answers, take their answer.
 
3 0
3 years ago
Other questions:
  • A doctor who charges his patient for a more expensive procedure than the one performed and then justifies it by saying "i didn't
    15·1 answer
  • A job advertisement reads as follows: "Wanted, bright young men to sell athletic club memberships. Interested applicants should
    6·1 answer
  • Exercise 16-12 Determining the payback period LO 16-4 Fanning Airline Company is considering expanding its territory. The compan
    5·1 answer
  • Which is one of the reasons marketing is essential to the free market system?
    10·2 answers
  • Land and other real estate held as investments by endowments in a government's permanent fund should be reported at
    8·1 answer
  • Suppose you know a company's stock currently sells for $80 per share and the required return on the stock is 9 percent. You also
    9·1 answer
  • Bretts Construction Company had a contract starting April 2017, to construct a $6,000,000 building that is expected to be comple
    10·1 answer
  • Predict: How might learning tasks that are not part of your regular job make you a more valuable employee ?
    15·2 answers
  • Advertising department expenses of $26,700 and purchasing department expenses of $46,700 of Cozy Bookstore are allocated to oper
    7·1 answer
  • Dear sir/madam
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!