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Alex_Xolod [135]
2 years ago
6

On April 1, Cyclone's Co. purchases a trencher for $314,000. The machine is expected to last five years and have a salvage value

of $57,000. Exercise 8-11 Straight-line, partial-year depreciation LO C2 Compute depreciation expense at December 31 for the first and second year assuming the company uses the straight-line method.
Business
1 answer:
djverab [1.8K]2 years ago
3 0

Answer:

Annual depreciation= $51,400

Explanation:

Giving the following information:

Purchase price= $314,000

Salvage value= $57,000

Useful life= 5 years

<u>To calculate the depreciation expense under the straight-line method, we need to use the following formula:</u>

<u />

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (314,000 - 57,000) / 5

Annual depreciation= $51,400

<u />

<u>The depreciation expense is the same every year.</u>

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there were 200 tickets sold for a college basketball game. Tickets were $4.50 for students and $9 for adults. The total amount c
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Answer:

70 tickets were sold to student and 130 tickets were sold to adults

Explanation:

Let the number of tickets purchased by students be "X" and the number of tickets purchased by adults  be "Y"

Given

Total number of tickets sold = 200

Total amount collected by selling 200 tickets = 1485 dollar

Cost of one ticket of student = 4.5 dollar

Cost of one ticket of adult = 9 dollar

Two equation are as follows

X + Y = 200\\ ------Eq (1)

4.5 X + 9 Y =1485 -------- Eq (2)

Multiplying eq (1) by 9 and subtracting from equation 2 we get

4.5 X - 9 X + 9Y -9Y = 1485 - (200* 9)\\-4.5 X = -315\\X = 70

Substituting the value of X in equation 1 we get

70 + Y = 200\\Y = 200 -70 \\Y = 130

Therefore, 70 tickets were sold to student and 130 tickets were sold to adults

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2 years ago
Kraft produces Lunchables, a prepackaged meal usually consisting of several crackers, small slices of meat, and small slices of
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Answer:

<em>As mothers with a school going children, they are packing a meal which is healthy as well as simple.</em>

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As the box color is bright yellow and the food which is inside the box is in a less quantity. <em>The target market for Kraft Lunchables is been considered very very likely </em><u>as mothers with a school going children, they are packing a meal which is healthy as well as simple</u>.  

<em>Because, as we can see in the question, the foods which are mentioned  there are very simple, hygienic and healthy, like a mom is packing a lunch-box for her school going child. </em>

<em>And we can also see the color of that box, the color also indicate the lunch-box that moms give to their child while the child is going to a school.</em>

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