TB MC Qu. 08-152 Minor Company installs a machine... Minor Company installs a machine in its factory at the beginning of the year at a cost of $135,000. The machine's useful life is estimated to be 5 years, or 300,000 units of product, with a $15,000 salvage value. During its first year, the machine produces 64,500 units of product. Determine the machines' first year depreciation under the double-declining-balance method.

Answers

Answer 1

Answer:

The correct answer is "$54000".

Explanation:

According to the question,

Annual depreciation rate will be:

= [tex]\frac{100 \ percent}{5}[/tex]

= [tex]20[/tex] (%)

hence,

The depreciation as per double decline will be:

= [tex]2\times Annual \ depreciation \ rate\times Beginning \ value[/tex]

By putting the values, we get

= [tex]2\times 20 \ percent\times 135000[/tex]

= [tex]54000[/tex] ($)


Related Questions

a) "Tranings are are the most important part of any occupation": justify it​

Answers

Answer:

Training is important because it represents a good opportunity for employees to grow their knowledge base and improve their job skills to become more effective in the workplace. Despite the cost of training for employees, the return on investment is immense if it is consistent.

There are several reasons it is important for employers to initiate training programs for their employees, such as:

It improves skills and knowledge

Employee training programs help improve the knowledge and skills of employees to match the various changes in the industry. These improvements will positively affect the productivity of workers, which can increase the profits and efficiency of an organization. Some of the things employees may learn through training include work ethics, human relations and safety.

It satisfies the recommendations of performance appraisal.

When an organization's employee performance appraisals suggest the need for improvement on a particular subject or skill, training programs can be organized for staff members to help satisfy this requirement. Training can therefore address an identified problem area and work toward a solution.

It prepares employees for higher responsibilities.

Training programs can also help prepare employees who are moving into higher roles and taking on more responsibilities in an organization. These programs will help them learn the skills that are required to function effectively in their new positions. For example, they may be trained in leadership skills or in a specific software they will use in their new role.

It shows employees they are valued.

Implementing training programs in the workplace will help employees feel like the company is invested in them. By continuing to teach your employees new skills and abilities, they will not just become better workers, they will feel like more productive members of the organization. This will improve their morale as well as their workplace capabilities.

It tests the efficiency of a new performance management system.

Employee training programs help an organization test the efficiency and effectiveness of a new performance management system, which will help HR establish clearer performance expectations. Using these systems to train your employees will reinforce the necessity of meeting goals and help employees better understand what is expected of them.

It improves IT and computer skills.

Training programs help employees learn about specific computer skills and IT topics, such as the use of software systems. Companies may train their employees to create graphs and spreadsheets, edit data in their database and understand network arrangements in order to provide a more comprehensive understanding of computers to improve workplace efficiency.

Burlington Construction Company is considering selling excess machinery with a book value of $281,000 (original cost of $400,100 less accumulated depreciation of $119,100) for $277,400, less a 5% brokerage commission. Alternatively, the machinery can be leased for a total of $284,300 for five years, after which it is expected to have no residual value. During the period of the lease, Burlington Construction Company's costs of repairs, insurance, and property tax expenses are expected to be $25,000.

Required:
Prepare a differential analysis, dated January 3, 2012, to determine whether Sure-Bilt should lease (Alternative 1) or sell (Alternative 2) the machinery.

Answers

Answer:

hiiiiiiiiiiiiiii how r u

The Whitmoer Co. is currently issuing both 20-year and 30-year bonds at par. The bonds pay 7 percent annual interest and have face values of $1,000. You decide to purchase one of each of these bonds and hold them for ten years. Assume that the yield to maturity on each of these bonds is 9.6 percent ten years from now.

Required:
a. Determine the expected price of each bond five years from now.
b. Given your results in a, determine the percent price appreciation on the 20-year bond and percent price appreciation on the 30-year bond. Which bond has a higher interest rate risk?

Answers

Answer:

3rwt4gw3g

Explanation:

life assurance forms part of...... insurance?​

Answers

Answer:

Life insurance

Explanation:

in partnership businesses.if one partner withdraws part of his salary. How to record it in appropriation account and Current account.??Accounts​

Answers

Answer:

it can be to be and so

Explanation:

chỉ số giá tiêu dùng

Answers

Lwnqbwbwhwhjwjwhwbwbwbw

You purchased six call option contracts on ABC stock with a strike price of $32.50 when the option was quoted at $1.65. The option expires today when the value of ABC stock is $34.60. Ignoring trading costs and taxes, what is the net profit or loss on this investment

Answers

Answer:

$270

Explanation:

Calculation to determine the net profit or loss on this investment

Using this formula

Total profit/Loss =Stock value -Strike price-Option quoted)×100×Call option

Let plug in the formula

Total profit = ($34.60 - $32.50 - $1.65) × 100 × 6

Total profit =$0.45×100×6

Total profit= $270

Therefore the net profit on this investment is $270

A company fails to recognize an expense incurred but not paid. Indicate which of the following
accounts is debited and which is credited in the adjusting entry: (a) asset, (b) liability, (c) revenue, or (d)
expense, Explain

Answers

Answer:

B . is the answer ......,......☺️

If the economy were run with a strictly Keynesian point of view, what would the government's role be in regards to the U.S. economy?
a. The government is responsible for managing the economy.
b. The government is responsible for monitoring the economy but not interfering with it.
c. The government is responsible for managing the economy with a hands-off approach.

Answers

Answer:

A.

Explanation:

The keynesian prescription for stabilizing the economy implies government intervention at macroeconomic level-increasing aggregate demand when private demand falls and decreasing aggregate demand when private demand rises.

An increase in real GDP can shift:______.
A. money demand to the left and decrease the equilibrium interest rate.
B. money demand to the right and increase the equilibrium interest rate.
C. money demand to the left and increase the equilibrium interest rate.
D. money demand to the right and decrease the equilibrium interest rate.

Answers

C is the right answer for

If, at the end of a period, a company using perpetual inventory erroneously excluded some goods from its ending inventory and also erroneously did not record the purchase of these goods in its accounting records, these errors would cause

Answers

Answer:

no effect on net income, working capital, and retained earnings.

Explanation:

Perpetual inventory method is an accounting method of tracking stock that uses real time changes in inventory to estimate remaining stock of goods.

Tools like the POS (point of sale) and scanners are used to register sales and give accurate estimate of inventory in real time.

In the given scenario if some goods were not included in ending inventory and also their purchase was not recorded it will have no effect on net income, working capital, and retained earnings.

Because the cost of purchasing it was not recorded, so in the books there is no effect

most expensive startup option is usually A. starting a business from scratch B. buying a franchise C. buying an established business D. renting a building​

Answers

C. buying an established business

If you look at it it kind of depends on the business and their success rates.

Which of the following is true of good salespeople?


A. They know how to oversell their product so the customer can't say no.

B. They have tenacity but know when to walk away and move on to the next sales prospect.

C. They make promises they may not be able to keep in order to secure a sale.

D. They don't leave voice mail messages.

Answers

Answer:

Correct answer is A, They know how to oversell their product so the customer can't say no. Explanation: Good salespeople are those who sell more and more of their company's product.

factors that must be considered before starting up the business

Answers

Business idea
Location of your business
Demand
Competition
Finance

Yield curves for corporate and government securities have similar shapes, but the corporate rates track below the government rates.

a. True
b. False

Answers

This answer is false

The answer is false mate.

hope it will help you.

Avia Company sells a product for $150 per unit. Variable costs are $110 per unit, and fixed costs are $1500 per month. The company expects to sell 660 units in September. The unit contribution margin is ________.

Answers

Answer:

"$40 per unit" is the right solution.

Explanation:

Given:

Selling price per unit,

= $150

Variable cost per unit,

= $110

Fixed costs per month,

= $1500

The unit contribution margin will be:

= [tex]Selling \ price - Variable \ cost[/tex]

= [tex]150-110[/tex]

= [tex]40[/tex] ($) per unit

Morgan Stanley's wealth management unit offers to invest profits of $750,000 made by an artist on a world tour at 7% compounded semi-annually, locking the money for three years. What will the cash out be

Answers

Answer:

$171,941

Explanation:

Cash out = $921,941. 2. Interest earned by the investment = $171,941.

Assume you are planning to invest $5,000 each year for six years and will earn 10 percent per year. Determine the future value of this annuity if your first $5,000 is invested at the end of the first year. $38,470 $38,578 $34,578 $35,878

Answers

The future value of this annuity is $38,578.

Calculation of the future value of this annuity is as follows:

The Future Value of Annuity is

= Annuity × [{(1+rate of interest)^number of years -1} ÷ rate of interest]

= $5,000 × [{(1+0.10)^6 -1} ÷ 0.10]

 = $5,000 × (1.771561 -1) ÷  0.10

= $38,578.05

Therefore we can conclude that the future value of this annuity is $38,578.

Learn more about the future value of this annuity here: brainly.com/question/13369387

You sold ten put contracts on Cross Town Bank stock at an option price per share of $0.85. The options have an exercise price of $39 per share. The options were exercised today when the stock price was $34 a share. What is your net profit or loss on this investment assuming that you closed out your positions at a stock price of $34

Answers

Answer:

-$4,150

Explanation:

Calculation to determine your net profit or loss on this investment

Using this formula

Net profit/Loss=(Option price per share-Exercise price+Stock price)×100×10

Let plug in the formula

Net loss = ($0.85 - $39 + $34) × 100 × 10

Net loss =-$4.15×100×19

Net loss = -$4,150

Therefore your net loss on this investment is -$4,150

khái niệm giao tiếp trong tổ chức

Answers

Answer:

bu kin jhu

Explanation:

John jvghh bugs HHH jhu UV juggle

A monopolist finds that a person’s demand for its product depends on the person’s age. The inverse demand function of someone of age y can be written p = A(y) − q, where A(y) is an increasing function of y. The product cannot be resold from one buyer to another and the monopolist knows the ages of its consumers. If the monopolist maximizes its profits:____.

Answers

Explanation:

A manufacturer of computer memory chips produces chips in lots of 1000. If nothing has gone wrong in the manufacturing process, at most 7 chips each lot would be defective, but if something does go wrong, there could be far more defective chips. If something goes wrong with a given lot, they discard the entire lot. It would be prohibitively expensive to test every chip in every lot, so they want to make the decision of whether or not to discard a given lot on the basis of the number of defective chips in a simple random sample. They decide they can afford to test 100 chips from each lot. You are hired as their statistician.

There is a tradeoff between the cost of eroneously discarding a good lot, and the cost of warranty claims if a bad lot is sold. The next few problems refer to this scenario.

Problem 8. (Continues previous problem.) A type I error occurs if (Q12)

Problem 9. (Continues previous problem.) A type II error occurs if (Q13)

Problem 10. (Continues previous problem.) Under the null hypothesis, the number of defective chips in a simple random sample of size 100 has a (Q14) distribution, with parameters (Q15)

Problem 11. (Continues previous problem.) To have a chance of at most 2% of discarding a lot given that the lot is good, the test should reject if the number of defectives in the sample of size 100 is greater than or equal to (Q16)

Problem 12. (Continues previous problem.) In that case, the chance of rejecting the lot if it really has 50 defective chips is (Q17)

Problem 13. (Continues previous problem.) In the long run, the fraction of lots with 7 defectives that will get discarded erroneously by this test is (Q18)

Problem 14. (Continues previous problem.) The smallest number of defectives in the lot for which this test has at least a 98% chance of correctly detecting that the lot was bad is (Q19)

(Continues previous problem.) Suppose that whether or not a lot is good is random, that the long-run fraction of lots that are good is 95%, and that whether each lot is good is independent of whether any other lot or lots are good. Assume that the sample drawn from a lot is independent of whether the lot is good or bad. To simplify the problem even more, assume that good lots contain exactly 7 defective chips, and that bad lots contain exactly 50 defective chips.

Problem 15. (Continues previous problem.) The number of lots the manufacturer has to produce to get one good lot that is not rejected by the test has a (Q20) distribution, with parameters (Q21)

Problem 16. (Continues previous problem.) The expected number of lots the manufacturer must make to get one good lot that is not rejected by the test is (Q22)

Problem 17. (Continues previous problem.) With this test and this mix of good and bad lots, among the lots that pass the test, the long-run fraction of lots that are actually bad is (Q23)

(1 point)
1. Tim is a low-level supervisor, but he runs his department with a heavy hand. He directs his
employees to perform tasks in specific ways, and doesn't often listen to outside ideas. His own
supervisors have to repeatedly remind him not to make major decisions without consulting
them first. What type of authority is Tim attempting to practice?
O individualistic authority
O staff authority
O line authority
O functional authority

Answers

Answer:

a

Explanation:

he doesn't seek opinion from heads that's why

mark me as brainliest pls

Answer:

individualistic authority

Explanation:

Marketing strategy of strepsils company

Answers

Answer:

InstallCourses

SWOT ANALYSIS ›FMCG ›

Strepsils SWOT Analysis, Competitors, STP & USP

Published by MBA Skool Team, Last Updated: April 20, 2020

SWOT analysis of Strepsils analyses the brand by its strengths, weaknesses, opportunities & threats. In Strepsils SWOT Analysis, the strengths and weaknesses are the internal factors whereas opportunities and threats are the external factors.

SWOT Analysis is a proven management framework which enables a brand like Strepsils to benchmark its business & performance as compared to the competitors. Strepsils is one of the leading brands in the FMCG sector.

The table below lists the Strepsils SWOT (Strengths, Weaknesses, Opportunities, Threats), top Strepsils competitors and includes its target market, segmentation, positioning & Unique Selling Proposition (USP).

Which of the following statements is not true of person-organization fit? Multiple Choice those who experience a higher fit have higher levels of job satisfaction employees who fit well have more trust in their managers the company can expect a committed worker when there is good person-organization fit a good fit means less stress about day-to-day tasks those with a good fit experience higher task performance than those without a good fit

Answers

The statement " those having a good fit experience have the higher task performance as compared to those who don't have a good fit" is correct.

The following information regarding the person-organization fit is:

It is a theory where the organization and the employee should be compatible with each other. In this, both parties should have the same attributes.

Due to the above reasons, the person-organization fit does not relate to the employee task performance.

Therefore all other options are not considered as all other options are relevant for the person-organization fit.

Thus, we can conclude that the statement " those having a good fit experience have the higher task performance as compared to those who don't have a good fit" is correct.

Learn more about the organization here: brainly.com/question/12195559

A company has four vendors and the accounts payable subsidiary ledger shows the following balances.

Alpha $286,821
Beta 148,474
Gamma 81,943
Delta 41,187

Required:
Calculate the accounts payable balance in the general ledger.

Answers

The accounts payable balance in the general ledger , given the four vendors of the company in the accounts payable subsidiary ledger , is  $ 558, 425

How to find the accounts payable balance ?

The accounts payable balance in the general ledger refers to the total of all the accounts payable balances from the accounts payable subsidiary ledger .

This means that the accounts payable balance in the general ledger can be found by the formula :

= Alpha vendor + Beta vendor + Gamma vendor  + Delta vendor

Alpha Vendor =  $ 286, 821

Beta vendor = $ 148, 474

Gamma vendor = $ 81, 943

Delta vendor = $ 41, 187

The accounts payable balance in the general ledger is :

= 286, 821 + 148, 474 + 81, 943 + 41, 187

= 558, 425

= $ 558, 425

Find out more on the accounts payable balance at https://brainly.com/question/17408770

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How much does international trade affect you personally?

Answers

Answer:

maybe a lot for me ok

maybe you

in a printing job, the cost of producing a thousand brochures was GH3500.The publisher decided to sell these brochures at 125% gross profit.How much shall he sell each brochure

Answers

1000 Brochures making cost = GH3500

Profit = 125%

= 125/100×3500

= 4375

Profit = 875

Each brochures = 4375/1000

= 4.375

Therefore each brochures will be sold at GH 4.375

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Prepare a cash budget for the Ace Manufacturing Company, indicating receipt and disbursement for May, June and July. The firm wishes to maintain all times a minimum cash balance of $20,000. Determine whether or not borrowing will be necessary during the period, and if it is, when and for how much. As of April 30, the firm had a balance of $20,000 in cash.

Actual sale
January $50,000 February $50,000 March $60,000 April $60,000
Forecasted sale
May $70,000 June $80,000 July $100,000 August $100,000
- Account receivable: 50% of total sale are for cash in current month. The remaining 50% will be collected equally during the following two month.
- Cost of goods sold: 80% of sale. 75% of this cost is paid the following month.

- Selling, general, and administrative expense: $10,000 per month plus 10% of sale. All of these expenses are paid during the month of incurrence.
- Interest payment: A semiannual interest payment on $150,000 of bonds outstanding for a year is paid during July and December. An annual $50,000 sinking fund payment is also made in August.
- Dividend: A $10,000 dividend payment will be declare and made in July.
- Capital expenditure: $40,000 will be invested in plant and equipment in June.
- Taxes: Income tax payment of $1,000 will be made in July

Answers

Answer:

i don't know i fell extremly sorry

justify that business is an integral part of human activity​

Answers

Answer:

Business is a source of resources to people enabling them to live.

Explain about pricing objectives

Answers

Answer:

Some examples of pricing objectives include maximising profits, increasing sales volume, matching competitors' prices, deterring competitors – or just pure survival. Each pricing objective requires a different price-setting strategy in order to successfully achieve your business goals

Answer:

Pricing objectives refer to the goals that drive how your business sets prices for your product or service. These objectives can and should apply to pricing for both new and existing customers. The direction provided by pricing objectives is crucial to adjusting prices over time in order to meet your objectives.

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