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Viktor [21]
2 years ago
9

On September 30, 2021, Bricker Enterprises purchased a machine for $212,000. The estimated service life is 10 years with a $21,0

00 residual value. Bricker records partial-year depreciation based on the number of months in service.
Depreciation (to the nearest dollar) for 2022, using sum-of-the-years'-digits method, would be:_________. (Do not round intermediate calculations.)
a. $33,859.
b. $31,282.
c. $37,583.
d. $56,700.
Business
1 answer:
lina2011 [118]2 years ago
6 0

Answer:

a. $33,859

Explanation:

The computation of the depreciation expense for the year 2022 is given below;

The Depreciable Value of the Asset is

= Cost - Residual Value

= $212,000 - $21,000

= $191,000

Now  

Total Sum of the Years  is

= (1+2+3+4+5+6+7+8+9+10)

= 55

Now

Depreciation for the year 2022

For Jan 1st 2022 to Sept 30 is

= 10 ÷ 55 × 9 ÷ 12  × $191,000

= $26,045

And,  

For Oct 1st Dec 31 is

= 9 ÷ 55 × 3 ÷ 12 × $191,000

= $7,813

So,  

Depreciation expense is

= $26,045 + $7,814

= $33,859

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Answer:

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3 years ago
A. Cash receipts from customers for services rendered __________ Operating __________Inflow
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Answer:

a. Cash receipts from customers for services rendered

Indication: <u>Operating activities </u>and <u>Cash Inflow</u>

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e. Bonds payable issues for cash

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Indication: <u>Investing activity</u> and <u>Cash Outflow</u>

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<u />

<u>Definition of terms</u>

<u>Operating Activity:</u> This activity will show how much the cash flow from the business in operating . This included net profit and changes in assets and liabilities and amortization expenses .

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3 years ago
You are a newspaper publisher. You are in the middle of a one-year rental contract for your factory that requires you to pay $50
astra-53 [7]

Answer:

If sales fall by 20% AFC raises 38 cents per paper, i.e. a 25% increase in AFC.

Explanation:

To find the average fixed cost (AFC), we have to sum all fixed costs and divide it by the amount of units produced. Fixed costs are those that don't depend on how much is produced, in this case, rental and labor cost don't depend on output, as you can neither move to a cheaper place nor decrease labor obligations even if the factory had no output (newspapers printed).

AFC=\frac{\mbox{Fixed costs}}{\mbox{Printed papers}} \\\\AFC_{\mbox{original sales}} =\frac{\$1500000}{1000000 papers}=1.5\frac{\$}{paper} \\\\AFC_{\mbox{original sales}} =\frac{\$1500000}{800000 papers}=1.875 \frac{\$}{paper}

\mbox{Porcentual difference}=\frac{\mbox{difference between AFC}}{\mbox{original AFC}} \\\\\mbox{Porcentual difference}=\frac{1.875-1.50}{1.50}*100=\frac{0.375}{1.5} *100=25\%

We can see that as the output reduced, AFC rose 38 cents per paper or a 25% increase in AFC.

4 0
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Hope it helped
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