Depreciation is an accounting method for allocating the cost of a tangible or physical asset over its <u>usable life</u>. Depreciation is a term used to describe<u> how much</u> of an asset's worth has been used.
<h2>Given:</h2>
Initial value of the Car = 25,000
Depreciation of the Car= 15% per annum based on net book value
<h3>The computation:
</h3>
Note: t = Number of years
As a result, the car's approximate value 5 years after purchase is 11,092.50.
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Answer:
Human Resource Management deals with issues related to compensation, performance management, organisation development, safety, wellness and others. HRM plays a role in managing people and the workplace culture and environment
Explanation:
Answer:
$54.35
Explanation:
The computation of the price per share of the common stock is shown below:
= Next year dividend ÷ (Required rate of return - growth rate)
where,
Next year dividend is
= $3.23 + $3.23 × 4.2%
= $3.23 + 0.13566
= $3.37
And, the other items would remain the same
So, the price per share is
= $3.37 ÷ (10.4% - 4.2%)
= $3.37 ÷ 6.2%
= $54.35
Answer: c. $1,650 unfavorable
Explanation:
The direct labor rate variance shows the difference between the cost of direct labor that the company thought it would incur vs what it actually incurs for the period.
Formula is:
Direct labor rate variance = Actual cost of direct labor - Standard cost of actual hours of direct labor
= Actual hours * (Actual cost - Standard cost)
= 5,500 * (24 - 23.70)
= $1,650 unfavorable
Unfavorable because the actual cost incurred was more than the cost anticipated.
Answer
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Wish you luck!