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Travka [436]
2 years ago
14

If the roof a property cost $14,000 and its economic life is 18 years, what would its value be after four years using a straight

-line method of depreciation?
Business
1 answer:
tester [92]2 years ago
6 0
<span>Given:
 Cost of the roof of a property = $14,000
 Economic life = 18 years
   To find: value after 4 years using straight-line depreciation method. Solution:
  Loss of value per year = cost of roof of property / economic life of property

14000/18 = $777.78
   Every year, value of property is getting depreciated by $777.78.
   So, value after four years is calculated below:

   Value after 1 year = $(14000 - 777.78) = $13222.22
 Value after 2 year = $(13222.22 - 777.78) = $12444.44
 Value after 3 year = $(12444.44 - 777.78) = $11666.66
 Value after 4 year = $(11666.66 - 777.78) = $10888.88
   Value after four years = $10888.88</span>
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<u>Hence, 2,140 units are to be produced in November.</u>

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8 0
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Fiesta28 [93]

Answer:

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Explanation:

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3 0
2 years ago
There were 14,058 million shares of this preferred stock outstanding throughout the year. determine the total dividends that ban
Margaret [11]
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5 0
2 years ago
The efforts of employees who work directly to convert direct materials into the finished product are referred to as ______
Alex_Xolod [135]

Answer:

Direct labor

Explanation:

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Here, the direct material means the labor which works on manufacturing a product which is directly related to the production level. The allocation of direct labor is done based on the number of hours worked or product.

Hence, The efforts of employees who work directly to convert direct materials into the finished product are referred to as direct labor

7 0
2 years ago
EB17.
nekit [7.7K]

Answer:

$600 unfavorable

Explanation:

The budgeted cost of producing 14,000 units at $5.50 per unit and with fixed costs of $19,400 is:

B = 14,000*5.50 + 19,400\\B= \$96,400

The variance is given by subtracting the budgeted cost by the actual cost ($97,000):

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2 years ago
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