Bina Co. purchased a machine on January 1st for $15,000 and estimates it will use the machine for three years with a $3,000 salvage value. Bina estimates that they will produce 1,500 units during year one, 1,000 units during year two, and 1,250 units during year three. Using the units-of-production method, compute the machine's second year depreciation expense.

Answers

Answer 1

The machine's second year depreciation expense is $3,200.

Depreciation is a method that is used to expense the cost of an asset. The units-of-production depreciation method determines the depreciation expense based on the units of goods that the machine produces in a given year.

Unit of production depreciation expense = (unit of goods produced in year 2 / total units the machine can produce) x (cost of the asset - salvage value)

Total units the machine can produce = 1500 + 1250 + 1000 = 3750

(1000 / 3750) x ($15,000 - $3,000) = $3,200

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Related Questions

jingle company signs a 6-month, $20,000 note. stated interest rate is 8% payable at the maturity date. interest incurred on the note is calculated as

Answers

The interest that Jingle Company will incur on the note is calculated as $800.

Interest Expense is incurred as payment for the use of the funds for a period of six months at 8% annual interest.

Data and Calculations:

Note Payable = $20,000

Stated interest rate = 8%

Payment period = 6 months

Interest incurred = $800 ($20,000 x 8% x 6/12)

Thus, since the maturity date of the note is in six months, the interest incurred by Jingle Company is $800.

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You have allocated $8,000 for employee training. You have 20 employees and each course costs $200. How many training courses can you afford per employee?

Answers

Answer:

B) 2

Explanation:

$8,000 divided by 20 is 400, $400 divided by $200 is 2 courses per employee.

The number of training courses you can afford per employee is 2.

How many training courses can you afford?

The mathematical operation that would be used to solve this question is division. Division is the process of grouping a number into equal parts using another number. The sign that represents division is ÷

The first step is to divide the amount allocated for employee training by the number of employees.

= $8,000 / 20 = $400

The next step is to divide $400 by the cost of each course

$400 / $200 = 2

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why do companies have middle management instead of just having senior management that retains all power in the organization?

Answers

Answer:

Small companies don't have middle management, so it is entirely appropriate for senior management to implement strategy and guide employees directly.

The purpose of management is nothing to do with power, but rather to create, plan and execute the vision and strategy of the organization through the workforce and technology.

Explanation:

what are five marketing strategies that retailers spend half of their annual budget on?

Answers

The five marketing strategies includes strategies on 5P's which includes Price, Product, Promotion, Place and People.

The retailers are basically people who sells goods in smaller quantity to the final consumer in the chain of distribution.

The five marketing strategies they spend half of their annual budget on includes on the following:

Price: The retailers ensures that prices of their product are reduced below cost price to persuade consumers to buy from them.

Product: The retailers need to ensure that varieties of product are available in the stores to satisfy the consumers need.

Promotion: Various advertisement and others strategy to persuade consumers needs funds to make successful.

Place: The store and outlet need to be where is more favorable and comes with high cost of expenses for the retailers.

People; The consumers are given discounts and other incentives to persuade them to come and buy more goods from the retailers.

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Answer:Product, Price, Promotion, Place, and People

Explanation:

be possible in the United States?

Answers

Answer:

yes be possible in United to know at all and how to learning .

Explanation:

brainliest me pli

molen inc. has an outstanding issue of perpetual preferred stock with an annual dividend of $4.00 per share. if the required return on this preferred stock is 6.5%, then at what price should the stock sell?

Answers

The price at which the stock should sell is $61.54.

Using this formula

Stock selling price=Preferred stock annual dividend/Preferred stock required return

Where:

Preferred stock annual dividend=$4.00 per share

Preferred stock required return=6.5% or  0.065

Let plug in the formula

Stock selling price=$4.00/0.065

Stock selling price=$61.538

Stock selling price=$61.54 (Approximately)

Inconclusion the price at which the stock should sell is $61.54.

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Answer:

$61.54.

           Hope this helps! good luck :)

Select the correct answer.
Which statement describes an advantage or benefit of market research?
A.
It guarantees a business’s success and profits.
B.
All its methods are inexpensive and easy to apply.
C.
It helps a business explore new opportunities in the market.
D.
It is necessary only in a business’s initial stages.

Answers

Answer:

c

Explanation: just did the test

All of the following are true of Section II of the Businessowners Coverage Form, except: A Bodily injury coverage does not apply to rendering or failure to render professional services B Includes the cost of defending the insured C A personal injury loss must be committed in the coverage territory during the policy period D Business liability coverage applies to damage to an insured's property or work

Answers

All of the following are true of Section II of the Businessowners Coverage Form, except Business liability coverage applies to damage to an insured's property or work. The correct option is D. coverage that safeguards an organization against claims for bodily injury, property damage, or personal injury resulting from the insured's actions or inactions, up to the policy limits.

What does a business owner's policy cover?

A business owner's policy, also known as a BOP, offers financial protection to small business owners in the event that their operations are abruptly halted due to a covered loss. This policy safeguards your inventory, buildings, and equipment.

Buildings are commonly included in the properties covered by a BOP. Additionally, the BOP will cover any property owned by the business or by a third party temporarily kept in the company or business owner's care, custody, or control.

Thus, the ideal selection is option D.

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Sarah is preparing for the baptism of Chris. He bought five dressed chicken weighing 1 3/4, 2 1/8, 1 1/3,1 2/5, and 2 1/2 kilograms each, respectively.What is the total weight of the chicken?

Answers

The total weight of the chicken is 9[tex]\frac{5}{48}[/tex] kg.

The total weight of the chickens can be determined by adding the weights of the five chickens together.

Addition is a basic mathematical operation that is carried out by adding two or more numbers together.

Total weight = [tex]1\frac{3}{4} + 2\frac{1}{8} + 1\frac{1}{3} + 1\frac{2}{5} + 2\frac{1}{2}[/tex]

[tex]7\frac{720 + 120 + 320 + 384 + 480}{960}[/tex]

7 [tex]\frac{2020}{960}[/tex]

9[tex]\frac{5}{48}[/tex] kg

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Why is it better to have 10 new businesses with 10 employees each than to have a factory with 100 workers?

Answers

Answer:

100 workers can help get the job done a lot easier

Explanation:

10x10=100

What else can a digital wallet be used for?

Answers

Answer:

Explanation:

Digital wallets can be used in conjunction with mobile payment systems, which allow customers to pay for purchases with their smartphones. A digital wallet can also be used to store loyalty card information and digital coupons.

Which points are most efficient for the utilization of resources on a production possibilities diagram?

A. points along the curve
B. points inside the curve
C. points at the two intercepts of the curve
D. points outside the curve

Answers

Answer- A. point along the curve

how much should a single person spend on groceries?

Answers

Answer:

175$-348.80$

Explanation:

sorry if you get the answer wrong .

Answer:

200-300 I guess beacuse we should fulfill our all needs. Not to starve ourself.

Explanation:

Eat everything you like

Which one of the following types of charitable contributions is NOT deductible for federal income tax purposes?
A. Contributions made with credit cards where the charge is paid in a subsequent year
B. Travel costs incurred for charitable purposes
C. Contributions made through payroll deduction
D. Cash paid to purchase fundraising products where a portion of the proceeds go to fund a charitable cause

Answers

Answer: B.

Explanation: Contributions to individuals, foreign governments, foreign charities, and certain private foundations similarly are not deductible.

Advantages and Disadvantages of a public limited company (preferably 3 of each)

Answers

Answer:

advantages

it has a legal existance,it can sue or be sued in court of law

it has a big capital base because it has no limits in number of members

members have a limited liability

disadvantages

it is at times too big to be managed effectively

the financial progress of the company is not secretive since books of accounts are published to the public

the company faces disadvantages of economies of scale

Explanation:

hope it helps

PLZ MARK BRAINLIEST

3

Tina wants to purchase new pair of shoes for 95$ and a jacket for 100$.

She has a credit card to use. What are her alternatives? *

O jacket and 100$

O shoes and jacket

credit card and 100$

none of the above

Answers

None of the options shows an alternative Tina has, a real alternative would be a credit card and cash ($190)

In economics, an alternative is an element that replaces or substitutes another. For an element to be considered an alternative it needs:

To belong to the same category or have the same function.To be possible for the user to replace the first element using the alternative.

Based on this, let's analyze each of the options:

Jacket and $100: These are not alternatives because Tina wants a jacket and this product cannot be replaced with money as money will not protect Tina from cold weather.

Shoes and a jacket: These are not alternatives because Tina wants the two products not only one.

Credit card and $100: These would be alternatives if the total cost was $100. However, using a credit card Tina can pay for both products but using $100 she can only pay for one of the products.

Therefore, the options do not present alternatives; but one valid alternative is a credit card and $190.

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the Following 4. Journal sita ram Started business RS 50,000 andbank 100,000 with deposit​

Answers

Answer:

Whats the question

Explanation:

old Spanish-type houses in have huge high-pitched roo​

Answers

Sorry, what does this mean?

what is the question kind lad

at what level of investment ownership is significant influence often presumed?

Answers

Significant influence is often presumed when an entity or individual holds more than 20% but less than 51% of the investment in another entity.

Significant influence enables the entity to make operating and financial decisions for the other entity. The entity may lack total control since the ownership is not above 50%, but the entity can significantly influence corporate decisions.

Some entities may exert significant influence with investment ownership that is less than 20%.

Under International Financial Reporting Standards, investors with significant influence account for their investments in the investee using the equity method.

Thus, significant influence is often presumed once an investor owns 20% or more of an investee.

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Explain supply and demand. Provide an example or real life scenario

Answers

These are examples of how the law of supply and demand works in the real world. A company sets the price of its product at $10.00. No one wants the product, so the price is lowered to $9.00. Demand for the product increases at the new lower price point and the company begins to make money and a profit.

Which of the following businesses describes a branch?
A. CarCity is a car dealership that is old by a large company but operated by a group.
B. Easy as Fries, a fast-food restaurant, is operated by one person but still owned by a large company.
C. Photo Finish, a sports photography business, has many locations that are owned an operated by the company.
D. Hit the books, a Tutoring business, has one location in San Diego, California

Answers

I believe that it’s C
ANSWER =C

Photo Finish, a sports photography business, has many locations that are owned an operated by the company is the businesses describes a branch. Hence, option C is correct.

What is meant by photography business?

A variety of services are offered by professional photography studios, including portraiture, commercial photography, event photography including weddings, family gatherings, bar mitzvahs, and more, convention photography, and more.

Their creativity, which is the art or process of making images by the influence of radiant energy, particularly light, on a sensitive surface, is expressed through shades, tones, smiles, joy, and even sadness.

To start, you can increase brand awareness by including brand-specific colors in your images. Additionally, your image might inspire bto take action. Good pictures elicit an emotion. Within that attitude, an emotion develops, which inspires potential customers to become clients.

Thus, option C is correct.

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Infomercial are _than commercials.
a. longer
b. funnier
C. more entertaining
d. shorter

Answers

The answer is D.Shorter

Answer:

A

because infomercials have information in them so they can't be funnier or more entertaining and shorter wouldn't really make sense so the best choice is longer.

the emergence of ride sharing apps like lyft and uber have created gains from trade by

Answers

The emergence of ride sharing apps like Lyft and Uber have created gains from trade by introducing new sellers into the market for taxi services and decreasing the price of rides.

Gains from trade can be described as the increase in consumer surplus and producer surplus as a result of lower tariffs when consumers and producers are allowed to trade with less restrictions. Gains from trade occurs as a result of lower trade prices.

Ride sharing apps are apps that allow people to order for rides from their phones using an app. Examples are uber and lyft.

Ride sharing apps has increased the amount of ride options available to users. This has lead to lower prices as ride sharing apps have lowered prices to attract customers.

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you hear about an economy with no change in the number of workers or capital. yet, production increases. what idea does this illustrate?

Answers

Answer:

It might be because of an increase in efficiency in the workforce or advances in technology. Hope it helps :)

Explanation:

the historical cost principle requires that when assets are acquired, they be recorded at

Answers

The historical cost principle requires that when assets are acquired, they be recorded at cost.

The historical cost principle is an accounting principle under the US GAAP. It entails recording the cost of an asset on the balance sheet at the cost with which the asset was purchased regardless of the changes in the value of the asset.

For example, if a machine was purchased at a cost of £2000. If the historical cost principle is used, the machine would be recorded at £2000 on the balance sheet.

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the pool of free labor grew during the post-revolutionary period. identify the reasons for this growth.

Answers

There was a growth of free labor around the post-revolutionary period, this is as a result of Increased numbers of non - indentured immigrants that comes from Europe.

The post-revolutionary period can be regarded as the period that comes after the  Revolutionary War, and it brought about alot of change such as end of  of monarchical rule, and coming forth of religious fragmentation and economic flux.

This era, there was a pool of free labor as a result of the movement of non - indentured immigrants that comes from Europe which added to the indentured servants which are already  outliving their terms of required labor.

Therefore, the non - indentured immigrants  brought about increased labor.

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in the long run a company that produces and sells pizzas incurs total costs of $1,050 when output is 90 pizzas and $1,200 when output is 100 pizzas. the pizza company exhibits

Answers

Answer:

The diseconomies of scale because average total cost is rising as output rises.

Explanation:

who invented the selfie stick what purpose does it serve

Answers

Answer:

In 2005, selfie sticks were invented by Wayne Fromm, and the purpose of the selfie stick was to take photographs or videos by positioning a digital camera device beyond the normal distance of an arm. The device will also allow selfie-takers to affix their phones to a wall and stand away while snapping a picture. After the photo is taken, users will be able to easily remove their phones from the wall without leaving a trace.

Hope it helps you. :)

What is a Selfie

Selfie is a self-portrait picture diverted from the Aussie Language in  Australia

A selfie stick is used to take photographs or videos by positioning a digital camera device, typically a smartphone, beyond the normal range of the arm. This allows for shots to be taken at angles and distances that would not have been possible with the human arm alone.

a device in the form of a rod on which a camera or smartphone may be mounted, enabling the person holding it to take a photograph of themselves from a greater distance than if holding the camera or smartphone in their hand.

Answer:

Who Invented Selfie Stick

Wayne Fromm

What Purpose does The Selfie Stick Serve?

to take photographs or videos by positioning a digital camera device, typically a smartphone, beyond the normal range of the arm.

Answer:

The selfie stick was invented by a Canadian inventor named Wayne Fromm in the early 2000s. The purpose of a selfie stick is to extend the reach of a smartphone or camera so that the user can take a picture of themselves (a selfie) or a group photo with a wider angle without having to ask someone else to take the picture for them.Selfie sticks have become popular since they allow people to capture better photos of themselves with a background they would like to showcase. They are portable, easy to use and can be adjusted to different lengths.

on may 1, there were 4 inventory items that cost $30 each. on may 5, 2 items were purchased for $35 each. given one item from the beginning inventory and one from the may 5 inventory were sold, under the inventory method, cost of goods sold would equal $75.

Answers

Based on the specific identification inventory method, the cost of goods sold would equal $65 ($30 + $35) and not $75 as indicated in the question.

Specific identification is an inventory costing method that tracks the cost of goods to the exact items that are sold.  This method is used where it is possible to track sold items individually, especially when the sold items are separately identifiable.

Specific identification is just one method in inventory costing.  Others are Last-in, First-out (LIFO), First-in, First-out (FIFO), and Weighted-Average Cost Methods.

Thus, the inventory method that will produce the cost of goods sold under this scenario is the specific identification method.

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One characteristic of the United States Foreign Corrupt Practices Act is that it: ____________

a. applies to only international transactions that occur within the territorial borders of the United States.
b. is an attempt to support U.S. businesses by exporting U.S. values that indirectly aid business.
c. clearly stipulates terminology and behavior that is illegal on the part of U.S.
d. businesses and foreign business operating in the United States.
e. includes uncertainties such as terminology, definitions, accounting standards, and behavior standards.

Answers

One characteristic of the United States Foreign Corrupt Practices Act is that it clearly stipulates terminology and behavior that is illegal on the part of U.S

United States Foreign Corrupt Practices Act was set up in 1977. It helps to

serve as a guide to know the legal and illegal behavior expected of

individuals by the USA.

Example of illegal behavior by the Act includes offering bribes for favor to gain business deals, keeping to agreements etc.

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