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2 years ago

The calculation for annual depreciation using the units-of-output method is:________

Business

1 answer:

Elza [17]2 years ago

5 0

Answer:

d. (Depreciable cost Estimated output) × Actual yearly output

Explanation:

<em>Units of Output depreciation = Cost - Residual Value × Period`s Production / Total Expected Production.</em>

Note : Depreciation is dependable on depreciable cost (Cost less Residual Value)

The Option that is close to this formula is d.

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Big Game, Inc., is a manufacturer of hunting supplies. The following is a summary of the company's annual payroll-related costs:

grandymaker [24]

Answer:

(a) $9,435,000

(b) $5,230,000

(d) 1.80 or 180%

Explanation:

(a) Big Game's total payroll- Related costs for the year:

= wages and salaries expense + payroll taxes + workers compensation premiums + group health insurance premium + contributions to employees pension plan

= $7,430,000 + 580,000 + 250,000 + 725,000 + 450,000

= $9,435,000

(b) Net amount of cash actually paid to employees:

= wages and salaries earned - Amount withheld from the employees pay

= $7,430,000 - $2,200,000

= $5,230,000

= Total payroll related costs ÷ wages and salaries expense

= $9,435,000 ÷ $7,430,000

= 1.27 or 127%

(d) Express total payroll related costs as a percentage of employees take-home pay:

= Total payroll related costs ÷ Take home pay

= $9,435,000 ÷ $5,230,000

= 1.80 or 180%

8 0

2 years ago

Freddie's Market offers customers tissues, canned goods, napkins, and various detergents in basic packaging with no identified b

Irina-Kira [14]

Answer:

True

Explanation:

Generic goods are the products which are named by their product type. The store have many generic goods with lower prices than nationally known brand names. Freddie's Market is also offering its customers generic goods like tissues , napkin and various detergents with no specific brand name. These goods will be less expensive than the brand labelled goods.

3 0

1 year ago

Suppose that Karen deposits $500 into her checking account at the bank. The reserve requirement for Karen's bank is 12%. Assume

stealth61 [152]

Answer and Explanation:

According to the scenario, computation of the given data are as follow:-

a.)

Assets Amount($) Liabilities Amount($)

Change in reserves ($500 ×12%) 60 Change in deposits 500

Change in loans ($500 - $60) 440

B) Customers can withdraw the amount of the money at any time from the bank whenever they have a need for money and at that time this is the liability of the bank to pay that amount to the customer which he wants from their savings. This is the reason that deposits are considered as liabilities for the bank. So option (b) is correct.

7 0

2 years ago

AutoPROS uses its website to target car parts stores and car owners and tell them of the benefits of using their long-lasting sp

Brrunno [24]

Auto pros is using the push and pull strategies.

<u>Explanation:</u>

A push strategy is to promote an item at a client, while a draw technique pulls a client towards an item. Push strategy is a speedy method to move a client from attention to buy, while pull methodology is tied in with making a continuous relationship with the brand.

The business terms push and pull started in coordination and production network the board, but at the same time are generally utilized in showcasing, and is likewise a term broadly utilized in the lodging conveyance business.

8 0

1 year ago

Singh, a member of Trucking LLC, ceases to be associated in the carrying on of the business of the firm. Despite the dissociatio

horsena [70]

Answer:

b. the member’s duty of care continues with respect to prior events.

Explanation:

In the case when the member stops to be associated with the carry on the business so depsite of the dissolution the care of the member should be related to the previous events as the member could owe the duty of care to LLP within the tort law and it continues even after the member leaves the LLP for the past events

Therefore the option b is correct

4 0

1 year ago