Answer:
purchase cost $86,670
useful life 3 years, 6,480 operating hours
residual value $2,430
a. the straight-line method
depreciation expense per year = ($86,670 - $2,430) / 3 = $28,080
-
depreciation year 1 = $28,080 x 9/12 = $21,060
- depreciation year 2 = $28,080
- depreciation year 3 = $28,080
- depreciation year 4 = $28,080 x 3/12 = $7,020
b. units-of-output method.
depreciation per hour = ($86,670 - $2,430) / 6,480 = $13
-
depreciation year 1 = 1,200 x $13 = $15,600
- depreciation year 2 = 2,300 x $13 = $29,900
- depreciation year 3 = 1,900 x $13 = $24,700
- depreciation year 4 = 1,080 x $13 = $14,040
c. the double-declining-balance method.
-
depreciation year 1 = 2 x 1/3 x $86,670 x 9/12 = $43,335
- depreciation year 2 = $14,445 + (2 x 1/3 x $28,890 x 9/12) = $28,090
- depreciation year 3 = $4,815 + (2 x 1/3 x $9,630 x 9/12) = $9,630
- depreciation year 4 = $1,605 + ($3,210 - $2,430) = $2,385
Historical cost refers to the original cost of the equipment, which is shown as an asset in on the balance sheet. Whenever the company purchased the equipment, that price is what stays. In this case, the original cost of the equipment is $150,000, so the historical cost is $150,000.
Answer:
- The presence of a duty. We all have a duty to take steps to prevent injury from occurring to other people.
- The breach of a duty. The defendant must have failed to live up to his duty to prevent injury from occurring to you.
- An injury. You were injured.
- The injury resulted from the breach.
Explanation:
Hope this helps.
Answer:
$3,525.00
Explanation:
The hire purchase price will be the sum of the deposit and the total monthly installments.
The deposit is $750
Monthly installments =monthly fee multiplied by 15 months
=$185 x 15
=$2,775.00
Hire purchase cost will be
=$2,775.00 +$750
=$3,525.00
Answer:
Juanita will minimize the cost of the dress if she buys it from the Local Department Store
Explanation:
Every 15 minutes cost $14 for Juanita according with the information you should calculate every moved from the work to the shop and multiply by 2 because Juanita spend the same time in every journey.
Every journey and the price of the dress shlud be calculated with the next formula:
= (time by journey * 2*$14) + (the equivalent of 30 minutes shooping)+ dress price
= Local Department Store= (15*2*$14)+($28)+ $100 =$156
=Accross Twon = (30*2*$14)+($28)+ $86 =$ 158
=Neighboring City = (60*2*$14) +($28) +$63 =$199
