Answer:
5,500 units
Explanation:
Given that
Beginning units = 900 units out of one third is completed i.e = 300 units
Started and completed units = 5,000 units
Ending units = 800 units out of one fourth is completed = 200 units
So, according to the weighted average valuation method, the equivalent units is
= 300 units + 5,000 units + 200 units
= 5,500 units
This is the answer but the same is not provided in the given options
Answer:
a.
9 recovery period years class
b.
$8,889 per year
Explanation:
a.
Buses are 9 years recovery period class , in which it is depreciated using historical method and it has 5 years GDS class life.
b.
Straight Line depreciation is a method of depreciation in which the cost of the asset net of residual value is divided over useful life.
We will depreciate this asset for only 9 years because it has 9 years class, even it will be kept for 10 years but the depreciation charged for 9 years.
Depreciation rate = ( Cost - Salvage Value ) / useful life = ($95,000 - $15,000) / 9 = $8,889
Depreciation charged in 2018 = $19,500
Answer: $12,000
Explanation:
Only the $12,000 will be reported in Statement of Activities ( the financial statement used to report revenues and expenses for governmental and business-type activities) as a change in net position for business-type activities.
Why?
The Water Entreprise Fund is the only listed fund type listed that would fall under BUSINESS TYPE because it is an ENTREPRISE Fund. The Motor Pool Internal Service falls under GOVERNMENT ACTIVITIES and the Pension Find is only displayed in the Fund Financial Statements.
Because the Water Entreprise Fund is the only fund here concerned with BUSINESS TYPE activities, it's rise by $12,000 is what will be reported as the Net Change.
