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
Tatiana [17]
3 years ago
13

Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $48,400.

The machine's useful life is estimated at 10 years, or 394,000 units of product, with a $9,000 salvage value. During its second year, the machine produces 33,400 units of product.
Required:
Determine the machine's second-year depreciation using the units-of-production method.
Business
1 answer:
nasty-shy [4]3 years ago
4 0

Answer:

$3,340

Explanation:

Step 1  : Determine the Depreciation rate

<em>Depreciation rate = Cost - Salvage Value ÷ Estimated Units</em>

Depreciation rate = $0.10

Step 2 : Depreciation Expense

<em>Depreciation Expense = Depreciation rate x units produced</em>

Depreciation Expense = $3,340

Therefore,

the machine's second-year depreciation using the units-of-production method is $3,340

You might be interested in
Calculate the annual coupon payment if the semi-annual coupon paying bond price is $920, the yield for the bond is 6%, the bond'
Greeley [361]
FV: 1000
PV: -920
I/Y: 6/2= 3
N: 9(2)= 18
CPT PMT: 24.1833

this payment is for semi annually, the question asks for annual so:
24.1833(2)= 48.37
3 0
3 years ago
Virus protection ____ and apps require continual updates with information on recently discovered viruses.
Alenkinab [10]

<span>Virus protection software must be updated continually with information on recently discovered viruses. A virus is a small, potentially damaging computer program that can infect a computer without its user's knowledge.</span> Hackers often exploit well-known security vulnerabilities in popular software to spread destructive programs such as viruses.

7 0
3 years ago
How does a mechanic's lien assist creditors?
kati45 [8]
If the debtor continues not to pay the underlying debt, the creditor can foreclose on the debtor's real property to collect the amount due.
7 0
2 years ago
Which of the following statements does not apply to a market economy? a. Firms decide whom to hire and what to produce. b. The "
Semenov [28]

Answer:

D. Government Policies are the primary forces that guide decisions of firms and households .

Explanation:

Market Economy has factors of production owned , controlled & opereated by private sector . There is entire private ownership , with profit maximisation goal . All production , consumption & distribution takes place on basis of pure market forces - (demand & supply) . It is also called Capitalist Economy .

As mentioned : a) Hiring , Production decisions taken by independent private firms b) The free market 'Invisible Hand' guides self & social welfare c) Households take labour supply & goods consumption decisions  - All these decisions taken independently by private producers & personal consumers , unintervened by government

D) Government policies guiding firms & households decision is not applicable to Market Economy , since there is no government intervention in this type of economy .

7 0
3 years ago
Which amendment protects against double jeopardy?a. The First Amendmentb. The Second Amendmentc. The Third Amendmentd. The Fourt
Leya [2.2K]

Answer:

The Fifth Amendment

Explanation:

Double jeopardy refers to punishing the same person twice for almost same crime or any act which is punishable.

Accordingly, in the fifth amendment there is a clause which clearly states that no person shall be prisoner for same offence for same period for same act.

As once a person is punished for an offence, clearly he shall not be punished again for the same act. This provides benefit to the prisoner, whether criminal act or other kind.

Thus, correct answer is fifth amendment.

5 0
3 years ago
Other questions:
  • In many organizations, marketing does not have a place of importance in the organizational hierarchy. Why do you think this happ
    6·1 answer
  • Which option is the most appropriate genre for work-related communication? answer?
    12·2 answers
  • What has been the impact of declining harvests and years of drought on african subsistence farmers?
    13·1 answer
  • ​E-Loan, an online lending​ service, recently offered 48​-month auto loans at 4.5 % compounded monthly to applicants with good c
    13·1 answer
  • Promises Made in Consideration of Marriage. After twenty-nine years of marriage, Robert and Mary Lou Tuttle were divorced. They
    8·1 answer
  • Prepare the 2017 schedule of cost of goods manufactured for Barton Company using the following information. Direct materials$230
    5·1 answer
  • Why are the real income levels of Americans affected by rising prices?
    11·1 answer
  • What happened to stock prices on october 19, 1929?
    11·1 answer
  • Please help<br> How does supply and demand effect the price of an item?
    7·1 answer
  • Both interest bearing and noninterest bearing notes bear interest.<br> A. True<br> B. False
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!