I need the boxes in order to help.
Answer:
4.$3,750
Explanation:
The computation of the depreciation expense using the straight line method is shown below:
= (Original cost - residual value) ÷ (useful life)
= ($60,000 - $0) ÷ (4 years)
= ($60,000) ÷ (4 years)
= $15,000
But we have to compute for 3 months i.e September 30, 2018 to December 31 2018
= $15,000 × 3 months ÷ 12 months
= $3,750
Answer:
Explanation:
Omaha Miami
Earnings Earnings Value of Quality Life Expense to Move to Miami Net Value Difference in Value
Alex 200000 180000 40000 5000 215000 15000
Bobby 120000 150000 40000 5000 185000 65000
Cory 315000 300000 25000 5000 320000 5000
Dana 150000 100000 25000 5000 120000 -30000
Tied mover – any person who moves with their partner even if the person's employment is better at the present location.
Assuming all the friends agree on moving to Miami, Dana will compromise in value, therefore, Dana is the Tied Mover.
Tied Stayer – any of them who stays with the partner at current location even if the person's employment opportunity is better somewhere else.
Assuming all the friends decided to be in Omaha, Alex, Bobby and Cory will compromise in value, therefore, Alex, Bobby and Cory are the Tied Stayers.
Answer:
d. $35,000
Explanation:
For computing the depreciation expense we need to first calculate the depreciation per unit which is shown below:
= (Original cost - residual value) ÷ (estimated production units)
= ($440,000 - $40,000) ÷ (8,000,000)
= ($400,000) ÷ (8,000,000)
= $0.05 per unit
Now the depreciation expense is
= Production units × depreciation per bolts
= 700,000 units × $0.05
= $35,000
We simply applied the above formulas
