Answer:
$96,000
Explanation:
Data provided in the question:
Cost of the machine purchased on January 1, 2016 = $144,000
Expected salvage value = $24,000
Estimated life of the machine = 5 years
Now,
Using the straight line method of depreciation
Annual depreciation = 
or
Annual depreciation = 
or
Annual depreciation = $24,000
Now,
the accumulated depreciation till beginning of the third year
= Depreciation for the two years
= Annual depreciation × 2
= $24,000 × 2
= $48,000
Therefore,
The book value at the beginning of the third year
= Cost - Accumulated depreciation
= $144,000 - $48,000
= $96,000
Answer:
Calculation of overhead cost at an activity level of 10,000 patient visits per month
Variable overhead costs:
Supplies ( 10,000 x 5.40) 54,000
Laundry ( 10,000 x 8.40) 84,000
Total variable overhead costs 138,000
Fixed overhead costs:
Wages and salaries 53,400
Occupancy costs 86,100
Total fixed overhead costs 139,500
Total overhead costs $277,500
Third option is correct option.
Answer:
E) government actions that reduce competition from international firms.
Explanation:
Quotas place a limit on the amount of goods that can be imported.
A tariff is a tax levied on imported goods.
Tariffs and quotas are imposed by the government and they limit the amount of import flowing into a country. This reduces the amount of competition from international firms.
I hope my answer helps you
