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
Montano1993 [528]
3 years ago
6

Sorter Company purchased equipment for $330,000 on January 2, 2019. The equipment has an estimated service life of 8 years and a

n estimated residual value of $33,000 . Required: Compute the depreciation expense for 2019 under each of the following methods: Straight-line: $ fill in the blank 1 Sum-of-the-years'-digits: $ fill in the blank 2 Double-declining-balance: $
Business
1 answer:
Makovka662 [10]3 years ago
5 0

Answer:

1. Depreciation expense for 2019(Straight-line)= (Cost of the assets - Salvage value) / life of the assets

= ($330000 - $33000)/8

= $37,125

2. Sum-of-the-years'-digits = 1+2+3+4+5+6+7+8 = 36

Depreciation Expense for 2019(Sum-of-the-years'-digits method)

= ($330000 - $33000)*8/36

= $66,000

3. Double-declining-balance depreciation rate = (100/8 years)*2 = 25%

Depreciation Expense for 2019 = 330000*25% = $82,500

You might be interested in
The owner of a car wash in Georgia wanted to be in a cooler place in the summer, so he decided to buy a golf course in Montana.
miskamm [114]
Chicken nagges chicken nagges
3 0
3 years ago
Hildegard, an intelligent and charming Holstein cow, grazes in a very large, mostly barren pasture with a few patches of lush gr
emmainna [20.7K]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

4 0
3 years ago
In​ manufacturing, excess capacity can be used to A. do fewer​ setups, lengthen production​ runs, and drive down inventory costs
Aleksandr-060686 [28]

Answer:

In​ manufacturing, excess capacity can be used todo more​ setups, shorten production​ runs, and drive down inventory costs

Explanation:

Excess capacity refers to a situation where a firm is producing at a lower scale of output than it has been designed for. Context: It exists when marginal cost is less than average cost and it is still possible to decrease average (unit) cost by producing more goods and services

7 0
3 years ago
Jerica wants to watch videos about careers in the construction field. which resource would be most helpful for this? careeronest
Nuetrik [128]

The resource would be most helpful for this careeronestop hence option A is the correct answer.

<h3>What is Careeronestop?</h3>

Careeronestop is an online tool that seeks to help job seekers and the unemployed get the right information they need about their next job or the job they are about to apply to.

Careeronestop provides resources ranging from videos, training, and workshops.

Learn more about Careeronestop here:

brainly.com/question/24731439

#SPJ4

3 0
2 years ago
A descriptive characteristic that helps separate potential purchasers into groups is called a: Select one: a. product differenti
Tatiana [17]

Answer:

The correct answer is D

Explanation:

Segmentation variable is the term which is defined as the characteristics of the people which is used for determining that if the people are similar.

For example, if the market is segmenting, then it is grounded on the age of the people, then the age is the segmentation variable.

So, the segmentation variable is the descriptive or detailed characteristics which help the separate potential purchases into the groups.

8 0
3 years ago
Other questions:
  • What is the difference between a commercial bank and a savings bank
    6·2 answers
  • Difference between undergraduate and graduate degrees
    5·1 answer
  • Match the academic requirements with the careers :
    13·1 answer
  • The new whig party consisted mainly of those who disliked
    6·1 answer
  • A customer owns a convertible subordinated debenture, convertible into common at $25 per share. The bond is currently trading at
    15·1 answer
  • Compute conversion costs given the following data: direct materials, $347,500; direct labor, $196,300; factory overhead, $187,90
    11·1 answer
  • The total cost of Jurislon to be purchased in August is: Multiple Choice $1,839,600 $1,208,700 $1,014,300 $1,017,000
    6·1 answer
  • A cable TV company redesigned jobs so that one employee interacts directly with customers, connects and disconnects their cable
    7·1 answer
  • You are looking at three different job options, one in Pennsylvania, one in Texas, and one in New York. The offers are as follow
    9·1 answer
  • Mike’s Motors Corp. manufactures motors for dirt bikes. The company requires a minimum $30,000 cash balance at each month-end. I
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!