Letter 2: You ordered a pair of pants, size 34 waist from Harvard Clothing, 123 James Street, Harper, CA 93214. The store sent s
1 answer:
You might be interested in
The correct answer is $35750
The amount of depreciation that should be allocated to drilling for the current period is $35750
<h3>How does depreciation work?</h3>Depreciation is the process of subtracting the entire cost of an expensive item you purchased for your company. However, you write off portions of it over time rather than completing it altogether in one tax year. Depreciating assets gives you more control over your budget because you may schedule how much money is written off annually.
<h3>How much depreciation should be devoted to drilling throughout the current time frame?</h3>Office costs: Salaries are $30,000, depreciation is $20,000, and advertising is $40,000. The total number of employees for drilling and grinding is 2500.
The overall net sales for drilling are 375 000, for grinding they are 450 000.
Drilling costs are 75,000, grinding costs are 125,000, and overall costs are 200000.
then,
Salaries: $30,000×=$12,000
Depreciation: $20,000×=$7,500
Advertising: $40,000× =$16,250
Total $35,750
To know more about depreciation work visit:
#SPJ4
question options are wrong the correct question is:
marks corporation has two operating departments, drilling and grinding, and an office. the three categories of office expenses are allocated to the two operating departments using different allocation bases. the following information is available for the current period: office expenses total allocation base salaries $ 30,000 number of employees depreciation 20,000 cost of goods sold advertising 40,000 percentage of total sales department number of employees sales cost of goods sold drilling 1,000 $ 325,000 $ 75,000 grinding 1,500 475,000 125,000 total 2,500 $ 800,000 $ 200,000 the amount of depreciation that should be allocated to drilling for the current period is: multiple choice $25,000. $12,500. $7,500. $20,000. $35750. this is a correct option.
Answer:
money invest is $3750
amount of loan owned to broker = $1350
when selling price is $40 rate of return = - 29.33%
when selling price is $50 rate of return = - 2.67%
when selling price is $60 rate of return = 24%
Explanation:
given data
No of share = 100
initial selling = $50
borrow = 25%
initial margin purchase = 25%
interest rate = 8%
to find out
How much money invest and How much borrow from broker and rate of return at end of 1 year at (i) $40, (ii) $50, (iii) $60
solution
we know total investment is here
total investment = No of share × initial selling per share
total investment = 100 × 50
total investment = $5000
so
borrow fund is = 0.25 × 5000 = $1250
and Equity invest = total investment - borrow fund
equity invest = 5000 - 1250 = $3750
and
amount of loan own to broker at the end of year is
amount of loan = borrow fund × ( 1 + rate )
amount of loan = 1250 ( 1 + 0.08)
amount of loan owned to broker = $1350
and
selling price here after 1 year is $40
so rate of return is = ........................1
rate of return is =
rate of return = - 29.33%
and
selling price here after 1 year is $50
put here value
rate of return is =
rate of return = - 2.67%
and
selling price here after 1 year is $60 so from equation 1
put the value
rate of return is =
rate of return = 24%