Based on the useful life and the appraised age of the house, the effective age is <u>3 years.</u>
<h3>What is the effective age?</h3>
- It is the age of a structure based on its physical condition and upkeep.
- It is found by subtracting the remaining economic life from the economic life of the structure.
As a result of the physical condition and upkeep of the property, the appraiser estimates it to be equivalent to a 3 year old home. This is therefore the effective age.
Find out more on appraisals at brainly.com/question/15032807.
In accounting, the term impairment refers to an asset's significant decline in value.
<h3>What is impairment?</h3>
Impairment is when the value of an asset is permanently reduced on the company's balance sheet. When an asset is tested for impairment, its book value is compared to the benefits and cash flows. If the book value is greater than all the benefits of the asset, the asset is impaired and its value is reduced on the balance sheet.
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Answer:
Alpha Technology
Outstanding Computer's consumption ratio for setup hours is:
b. 0.48
Explanation:
a) Data and Calculations:
Overhead activities and costs:
Setting up equipment $3,000
Machining $15,000
Excellent Outstanding
Laptops Computers
Direct Labor $25,000 $10,000
Direct Materials $20,000 $5,000
Expected Production in Units 3,000 3,000
Machine Hours 850 2,000
Setup Hours 80 75
Total setup hours = 155 hours
Outstanding Computer's consumption ratio for setup hours = 75/155 * 100
= 48%
Answer:
She will be having more spending power if she resides in Kansas City.
Explanation:
As Susan is presently working in the Kansas city where she is earning $30,000 annually but she has been offered a position where she have the opportunity for earning of $32,000 annually. But the Cost of living index in the new city is 125 which is 25 more than the Kansas city. Which states that if the earning power increases, its spending will also be increased.
So, it is better to stay in the Kansas city and she will be having more spending power, in this city.