Answer:
Option (B) is correct.
Explanation:
Given that,
Purchasing cost = $51,000
Estimated life of machinery = 7 years
Estimated salvage value = $9,000
Depreciation rate under Double declining balance method:
= (1 ÷ Useful life) × 200%
= (1 ÷ 7) × 200%
= 28.57%
First year depreciation = Purchasing cost × Depreciation rate
= $51,000 × 28.57%
= $14,571
Second Year depreciation:
= (Purchasing cost - First year depreciation) × Depreciation rate
= ($51,000 - $14,571) × 28.57%
= $10,408
Answer:
cost of goods manufactured= $653,500
Explanation:
Giving the following information:
Consider Derek's budget information: materials to be used totals $65,100; direct labor totals $198,700; factory overhead totals $393,700; work in process inventory January 1, $188,500; and work in progress inventory on December 31, $192,500.
cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP
cost of goods manufactured= 188,500 + 65,100 + 198,700 + 393,700 - 192,500= $653,500
Answer:
c. that all individuals can usefully and validly be categorized on the basis of a relatively small number of personality characteristics.
Explanation:
Personality test asserts that individuals can be categorized based on some personality traits, this is not totally correct as it tends to narrow an individuals personality based on a few characteristics, whereas, an individuals personality is composed of a wide array of traits.
<span>This will most likely drive down the price of that crop. Price is a function of demand and supply, if a bumper crop leads to much more supply with little change on the demand side, the price of the supply will have to reduce for the market to clear.</span>
Selecting an account with a high interest rate and leaving his money in the account for a long period of time will maximize the amount of interest you earn.
