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Anon25 [30]
3 years ago
7

A house has a total cost new of $212,340. It is 12 years old and has an estimated remaining economic life of 38 years. The cost

to cure deferred maintenance items is $670. Short lived items Cost is $20,000 and depreciation on the short lived items has been identified totaling $4,850. What is the amount of long-lived depreciation attributable to the building
Business
1 answer:
BaLLatris [955]3 years ago
7 0

Answer:

$ 46,000

Explanation:

hope it helps!

.....

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On May 3, 2020, Cheyenne Company consigned 90 freezers, costing $480 each, to Remmers Company. The cost of shipping the freezers
Viktor [21]

Answer and Explanation:

The computation is shown below;

a.

Inventory Unsold in Hand (90-45) 45

Unit cost Unsold (45 × 480) $21,600.00

Shipping cost on Unit Unsold (850 ÷ 90 × 45) $425.00

Value of Inventory (21600 + 425) $22,025.00

b.  

Sale value (45 × 780) $35,100.00

Less: Cost  

Unit cost Sold (21600+425) -$22,025.00

Comission of Consignee (35,100 × 6%) -$2,106.00

Advertising cost -$210.00

Installation cost -$330.00

Net Profit $10,429.00

c.  

Sale value (45 × 780) $35,100.00

Less: deduction made by consignee  

Comission of Consignee (35100 × 6%) -$2,106.00

Advertising cost -$210.00

Installation cost -$330.00

Net Remittance made by consignee $32,454.00

5 0
3 years ago
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Arada [10]
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5 0
3 years ago
Bradley snapp has deposited $7,000 in a guaranteed investment account with a promised rate of 6% compounded annually. he plans t
allsm [11]
P = $7,000, principal
r = 6% = 0.06, rate
n = 1, compounding interval
t = 4 years

Calculate the value after 4 years.
A = 7000*(1 + 0.06)⁴
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Answer: d. $8,837.34
5 0
3 years ago
On December​ 31, Mercury Corporation has the following data​available: Net Income ​$200,000 Interest expense ​20,000 Preferred d
aliina [53]

Answer:

D 34.62%

Explanation:

To get the return on commonequity we need to follow a few steps as follows:  

Here we have to let the Average total common stockholders' equity = ($550,000 + $490,000) ÷ 2 = $520,000 and (Net income $200,000 - Preferred Dividends $20,000) ÷ Average total common stockholders' equity = 34.62% .Therefore the correct answer is 34.62%.

8 0
3 years ago
Functional level refers to the:
melomori [17]

Answer:

A level in an organization where groups specialists actually create value for the organisation.

Explanation:

Functional level approach is used by the management of an organisation to monitor the level of activities carried out by various departments.

Functional level outlines how different employees in each departments such as marketing, production carry out their various tasks to achieve the set goals and objectives of the organisation. Functional level approach utilized a number of specialists that are present within the functional loacation. It also helps in the proper allocation of resources to different departments so as to maximise profit.

4 0
3 years ago
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