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Zepler
1 day ago
7

The newborn's vision is estimated to be _____ on the snellen eye examination chart. 20/20 20/200 20/600 20/1200

Business
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A company purchased a weaving machine for $190,000. The machine has a useful life of 8 years and a residual value of $10,000. It
Scilla [3833]
Option (B) is the right choice. Explanation: Calculating the depreciable basis involves subtracting residual value from cost, which here results in $190,000 - $10,000, giving us $180,000. The usage is identified as 75,000 bolts. The first-year figures indicate the book value starts at $190,000, while 15,000 bolts were created, translating the depreciation expense into 15,000 multiplied by $2.40, equal to $36,000. Subsequently, the ending book value becomes $190,000 minus $36,000, resulting in $154,000. For Year 2, using 19,000 units leads to a depreciation expense of $45,600. The concluding book value for Year 2 becomes $108,400, while accumulated depreciation for both years culminates at $81,600.
8 0
1 month ago
The city council in a suburb of raleigh is interested in the level of public support for a tax increase to support restoration o
Mariulka [3825]

Details provided:

* Population: all adult inhabitants of the suburb

* Sample: 50 randomly selected residents

* Statistic: 30% (percentage of sampled individuals opposing the tax hike) 50 x 0.30 = 15 expressed their opposition.

5 0
1 month ago
Taylor Industries had a fire and some of its accounting records were destroyed. Available information is presented below for the
Scilla [3833]

Answer:

Materials inventory on December 1 recorded at $9,900

Direct Labor recorded at $40,040

Factory Overhead noted at $60,060

Cost of goods sold was $117,000

Explanation:

Materials inventory on December 1 equals $9,900

Direct materials acquired total 28,000

Materials inventory by December 31 amounts to $15,000

Direct materials utilized is 22,900

Direct Labor summed to $40,040

Factory Overhead totaled $60,060

Conversion Costs total $100,100

Overall Manufacturing Costs amounted to $123,000

Work in process inventory has risen by $12,000

Cost of goods manufactured is reported at $135,000

Finished goods inventory has decreased by $18,000 over the year

Cost of goods sold is $117,000

Calculating

Conversion costs are calculated as = Direct Labor + Factory Overhead

100,100 = 100 % + 150%

100,100= 100x + 150x

100,100= 250 x

x= 100,100/250

x= 400.4

Direct Labor = 100% * 400.4= $ 40,040

Factory Overhead = 150% * 400.4= $ 60,060

8 0
1 month ago
Why is using cash unhelpful when a person wants to apply for a loan in the near future?
stepan [3596]
Using cash is counterproductive and disadvantageous because relying solely on it leads to a lack of credit history, making it difficult for banks to assess your reliability for loan repayment.

7 0
2 months ago
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