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
valkas [14]
3 years ago
15

During 2019, Pepe Guardio purchases the following property for use in his calendar year-end manufacturing business:

Business
1 answer:
Sladkaya [172]3 years ago
8 0

Answer:

Depreciation Expense for 2019 using form 4562

Basis For depreciation; Recovery Period ; Convention ; Method ; Depreciation deduction

2,000 ; 5 years ; HY ; 200 DB ; 400

40,000 ; 7 years ; HY ; 200 DB ; 6,573

Explanation:

Accelerated method of depreciation is used by businesses for accounting and income tax purposes. The depreciation is calculated in such a way that the depreciation expense is higher in early years and lower in later years. Pepe is also using this method to account for his business assets. The depreciation expense for computer equipment and manufacturing equipment's totals $6,973.

You might be interested in
Which of these is not a cost of quality?
ollegr [7]

The correct option is (c). Design cost  is not a cost of quality.

Design-to-Cost (DTC), one of several cost management strategies, denotes a methodical strategy for limiting the expenses associated with product development and manufacture. The fundamental tenet is that expenses are hard to avoid once they are "built into the product," even from the first concept judgments on.

As a component of cost management strategies, design-to-cost refers to a methodical strategy for reducing the costs associated with product development and manufacturing. The fundamental tenet is that expenses are hard to avoid once they are "built into the product," even from the first concept judgments on.

Learn more about design-to-cost here

brainly.com/question/20329337

#SPJ4

8 0
2 years ago
How do banks benefit of giving people loans
Kitty [74]

Answer: It all ties back to the fundamental way banks make money: Banks use depositors' money to make loans. The amount of interest the banks collect on the loans is greater than the amount of interest they pay to customers with savings accounts—and the difference is the banks' profit.

Explanation: Hopefully this helped!

5 0
3 years ago
Read 2 more answers
Global Industries has just issued new appraisal forms to all managers. The company has requested that each subordinate be rated
Cerrena [4.2K]

Answer: judgemental appraisal method.

Explanation: judgemental appraisal method is a form of performance appraisal—a systematic, general and periodic process that assesses an job performance and productivity of employees in comparison to certain pre-established criteria and organizational objectives. The judgmental appraisal method is applied when assessing individual employee's job performance and productivity in areas that are difficult to measure. Vast majority of information gathered and delivered using this technique is subjective though there may be some parts that are objective.

By requesting that each subordinate be rated (performance evaluation) according to how closely the appraisal (pre-determined criteria) describes the employee, the company new form is an example of a judgmental appraisal method.

5 0
3 years ago
ABC, Inc. a contracting business has purchased a truck costing $50,000 with a depreciable life of 5 years. Using
k0ka [10]

Answer:

it would increase

Explanation:

you pay to pay for gas and oil

8 0
3 years ago
TP5. <br> LO 7.2How might service industries predict revenue?
dalvyx [7]

Answer:

Budgeting, forecasting and planning

Explanation:

Service industries uses budgeting, which includes expected sales  and operational cost, to forecast, plan and predict revenue. With regards to forecasting; historical or past company data are used to make sound prediction.

5 0
3 years ago
Other questions:
  • A company is considering purchasing a machine that costs $400,000 and is estimated to have no salvage value at the end of its 8-
    14·1 answer
  • What is one main objective in the studies of economics
    8·2 answers
  • McCurdy Co.'s Class Q bonds have a 12-year maturity, $1,000 par value, and a 5.75% coupon paid semiannually (2.875% each 6 month
    6·1 answer
  • The ________ process lays the groundwork for the project by clarifying the value it will bring to the organization, setting its
    9·1 answer
  • Which component of consumption has a negative or indirect relationship with consumption?
    9·1 answer
  • If a person invests in the stock market through a firm that pools funds from a large number of people and buys and professionall
    9·1 answer
  • Individuals may find it more advantageous to purchase claims from a financial intermediary rather than directly purchasing claim
    9·1 answer
  • what are the intangible property that is protected by law which an enterpreneur should consider when starting up a business​
    8·1 answer
  • What osi layer encrypts data sent from network​
    13·1 answer
  • Amounts collected by the lender and held in a trust or impound account for future payment are called what?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!