Complete question:
Simon Inc. currently produces 110,000 units at a cost of $440,000. The cost is variable. Next year Simon Inc. expects to produce 115,000 units. Simon's relevant range for production is 100,000 to 120,000 units. If 115,000 units are produced next year, what is the expected variable cost?
A) $420,000
B) $430,000
C) $440,000
D) $460,000
Explanation:
Given ,
Simon Inc. currently produces 110,000 units at a cost of $440,000
Next year Simon Inc. expects to produce 115,000 units
Range for production is 100,000 to 120,000 units.
Now , we need to find out
If 115,000 units are produced next year, then the expected variable cost equation is ,
Variable cost per unit =
= $460,000
Answer:
book value at the end of year 3 = $115,200
Explanation:
Year 1 Depreciation expense
400,000 x 20% = 80,000
Year 2 Depreciation expense
400,000 x 32% =128,000
Year 3 Depreciation expense
400,000 x 19.2% = 76,800
Book value = carrying value - depreciation for the year
or
purchase - accumulated depreciation
The term that fills the blank above is GOVERNMENT. When we say command economy, this is the type of economy wherein its economic activities are being centrally controlled by the government such as the production, prices, investments, and incomes. It is the government that makes the final decision which would greatly influence the flow of the economy.
Answer:The U.S. is the second-biggest mining destination on the planet, accounting for nearly 17% of all the world's bitcoin miners.
Explanation: