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PIT_PIT [208]
3 years ago
7

A truck acquired at a cost of $285,000 has an estimated residual value of $14,100, has an estimated useful life of 43,000 miles,

and was driven 3,900 miles during the year. Determine the following. If required, round your answer for the depreciation rate to two decimal places. (a) The depreciable cost $fill in the blank 1 (b) The depreciation rate $fill in the blank 2 per mile (c) The units-of-activity depreciation for the year
Business
1 answer:
777dan777 [17]3 years ago
8 0

Answer:

a. $270,900

b. $6.30

c. $24,570

Explanation:

(a) The depreciable cost = $270,900

(b) The depreciation rate = $6.30

(c) The units-of-activity depreciation for the year =- $24,570

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A partial listing of costs incurred at archut corporation during september appears below: direct materials $ 113,000 utilities,
Murrr4er [49]

Calculation of Total Manufacturing Overhead Costs:


Manufacturing overhead costs are indirect costs incurred in relation to the production.

From the given information manufacturing overhead costs shall include factory Utilities $5,000, Indirect labor $ 25,000, depreciation of production equipment $ 20,000


Hence the Total Manufacturing Overhead Costs shall be (5000+25000+20000)=<u>$50,000</u>




5 0
4 years ago
When we perceive someone as a trouble maker, this may be a perception not a real characteristic of a person?
bixtya [17]
I think if I perceive someone a certain way, then it means I saw something in their behavior that caused me to view them as such.

If I perceive someone as a troublemaker, then something in their behavior suggested that they make trouble. Of course I could be wrong. But in general, someone’s characteristics gives people certain perceptions of them (not taking into account prejudgement as soon as seeing the person).
8 0
2 years ago
Pros and Cons of Adjustable-Rate Mortgages
Bumek [7]

The pros and cons of the Adjustable-Rate Mortgages are consistent payments and lower interest rates possible.

<h3>What is Mortgage?</h3>

Mortgage refers to the agreement between the lender and the buyer which involves the exchange of the money.

When person and a lender enter into a mortgage, the lender is granted the power to seize your property if person are unable to pay back the loan amount plus interest. Mortgage loans are used to either purchase a home or borrow against an existing home's worth.

Adjustable-Rate Mortgages is the loan which is granted for the homes which depends on the market as it does not has the fixed rate of interest.

The ARS mortgage type offers comfortable consistent payments, and over time, reduced interest rates may be feasible. However, there is a chance that interest will grow, which could be a drawback.

Learn more  about Adjustable-Rate Mortgages here:

brainly.com/question/12345275

#SPJ1

4 0
2 years ago
Who is responsible for making the workplace free of harassment and discrimination?
MArishka [77]

Answer:

The employer

Explanation:

because use they are replaceable for their employees to be treated well and equally.

5 0
2 years ago
Concord has the following inventory information. July 1 Beginning Inventory 30 units at $19 $570 7 Purchases 80 units at $18 144
Alla [95]

Answer:

$1560

Explanation:

The inventory in hand is 35 units and the total number of units are 120 units which means the units sold are 85. According to First in First Out method, the total units that are sold first are 30 units at the rate $19 per unit and 55 units at the rate $18 per unit.

This means:

Inventory sold = $19*30 + $18*55 = $1560

So the amount allocated to cost of goods sold is $1560.

7 0
3 years ago
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