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2 years ago

9

Crystal took time off after high school. During the first year, she worked full-time and moved out of

1 answer:

Vesna [10]2 years ago

7 0

Answer:

can i have brainliest pls

Explanation:

the awnser is d

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Machinery purchased for $66,000 by Metlock Co. in 2016 was originally estimated to have a life of 8 years with a salvage value o

7nadin3 [17]

Answer:

Debit : Depreciation Expense $4,510

Credit : Accumulated Depreciation $4,510

Explanation:

Straight line method charges a fixed amount of depreciation for the period the asset is used in the business.

<em>Depreciation expense = (Cost - Residual Value) ÷ Estimated Useful life</em>

therefore

Annual Depreciation Expense = ($66,000 - $4,400) ÷ 8

= $7,700

2016

Annual Depreciation Expense = $7,700

2017

Annual Depreciation Expense = $7,700

2018

Annual Depreciation Expense = $7,700

2019

Annual Depreciation Expense = $7,700

2020

Annual Depreciation Expense = $7,700

2021

Beginning Accumulated depreciation Balance = $38,500

<u>Calculate New Depreciable amount</u>

Depreciable amount = Cost - Accumulated depreciation - New Salvage Value

= $66,000 - $38,500 - $4,950

= $22,550

<u>Calculate New Useful Life</u>

5 years have already expired so the remainder out of the new 10 years is 5 years

<u>Calculate New Depreciation Expense</u>

Depreciation Expense = $22,550 ÷ 5 = $4,510

6 0

2 years ago

The earned income credit: a.Must be calculated on earned income as well as adjusted gross income in some cases. b.Is available o

melomori [17]

Answer:

Option A: Must be calculated on earned income as well as adjusted gross income in some cases

Explanation:

Earned Income Credit also abbreviated to EIC is known to be a refundable tax credit. It is usually for qualified (low-income) taxpayers who have earned income such as wages.

Earned income are simply wages, self-employment income, and eligible disability pay.

The reason/purpose of the Earned Income Credit is to limit or reduce the tax burden on working families with lower earned income.

7 0

2 years ago

Dotterel Corporation uses the variable cost concept of product pricing. Below is cost information for the production and sale of

skad [1K]

Answer:

$11.2 per unit

Explanation:

The computation of the variable cost per unit is shown below:

= Variable direct materials cost per unit + Variable direct labor cost per unit + Variable factory overhead cost per unit + Variable selling and administrative cost per unit

= $4.34 per unit + $5.18 per unit + $0.98 per unit + $0.70 per unit

= $11.2 per unit

We simply added the entire variable cost per unit so that the accuracy per unit could be reached

3 0

2 years ago

Filter the data in place so that only rows where the category value is meals and the cost value is greater than 20 are shown. th

Anestetic [448]

Explanation:

To find :

Filter the data in order such that only rows where the sum of the type is food and the sum of the amount is greater than 20 are displayed. The selection of requirements has been set for you in cells a1:c2.

Now,

You clicked the Advanced button on the Data Ribbon Tab in the Sort & Filter Ribbon Section.

You tapped on cell A1.

You pressed the OK button in the Advanced Filter window.

4 0

2 years ago

After spending months finalizing a marketing plan, the lead marketing manager presents it to the entire company. It soon becomes

Sauron [17]

The correct answer is A) alignment.

After spending months finalizing a marketing plan, the lead marketing manager presents it to the entire company. It soon becomes clear that the budget given in the plan is far lower than the marketing team had determined it would need. This mistake is likely a result of a lack of alignment.

This means that the marketing manager did not respect the parameters originally indicated. His numbers did not align with the necessities of the plan, which means that he did not take into consideration some important factors that at the end, affected the end result of the budget.

7 0

2 years ago