Answer:
$36,000
Explanation:
The first step is to calculate the fair value of the new truck
(List price-cash paid with trade)-(original cost -accumulated depreciation)
= (36,000-30,000)-(24,000-16,000)
= 6000-8000
= loss of $2000
Therefore the cost of the new truck for financial accounting purposes can be calculated as follows
(Original cost- accumulated depreciation)+cash paid with trade-loss
= (24,000-16,000)+30,000-2000
= 8,000 + 30,000 - 2,000
= 38,000-2,000
= $36,000
Hence the cost of the new truck for financial accounting purposes is $36,000
Answer:
<em>Telemedicine</em>
Explanation:
Distributing health related information and services via telecommunication technologies and electronic information is called telemedicine. The contact between patient and clinician is long distance.
The clinician used electronic means such as computers to intervene, monitor and educate the patient. Livongo health and Teladoc are two famous tele medicine companies.In US telemedicine has successfully reduced the healthcare costs and improved the patient access to medical care. According to a study 61 percent of healthcare institutions in US use tele medicine.
Values play a central role in ethical decision making.It is because core values are so subjective, they will be relative to the individual who holds them. Not all individuals have the same core values and conflicts about them will often arise.
Answer:
12. 21 % ; 41.98 % and 45.80 % as below
Explanation:
Total cost for the stadium is
labor $ $16,000
leasing the parking fee $55,000
Busing to and from $60,000
Total cost $131,000
Percentage per item
1. labor = 16000/131000 x 100
=12.21 percent
2.leasing parking space= 55000/131000 x 100
=41. 98 percent
3.Parking space= 60,000/131000x100
=45.80 percent
Answer:
Standard rate per direct labor hour is $27.1
Explanation:
Standard rate per direct labor hour includes the hourly pay rate, Payroll taxes and fringe benefits. For Theresa Corporation,
We have given that
Basic direct labor rate is $21.00 per hour
Payroll Taxes is 10% of basic direct labor rate i.e. 10% of $21.00 = $2.10 per hour
Fringe Benefits is $4.00 per hour.
So Standard rate per direct labor hour = $21.00 + $2.10 + $4.00 = $27.1
