The units of production depreciation method is used when the asset is used for production and represents a big initial investment (like drilling equipment) O True False

Answers

Answer 1

True. The units of production depreciation method is commonly used when the asset is primarily used for production purposes and involves a significant initial investment.

This method allows for the depreciation expense to be allocated based on the actual usage or production output of the asset. It is particularly suitable for assets where the wear and tear or obsolescence is directly related to the level of production or usage.

This method ensures that the depreciation expense reflects the asset's actual contribution to revenue generation and provides a more accurate representation of its value over time. Therefore, for assets like drilling equipment that are used extensively for production activities, the units of production depreciation method is often considered appropriate.

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Related Questions

The data below refer to a perfectly competitive firm, Fixed costs are $55. The current market price is $45. This same data is used for the next few questions. I would recommend that complete the chart in your notebook, draw the graphs for TR and TC as well as Economic profit as shown in Powerpaint Notes: Profit Maximization, and then answer the questions [Please Note: To calculate MR for quantity level 2: (TR for quantity 2 . TR for quantity1y/dunge in quantity. It is similar to how you would calculate MC. There is no need to calculate MR when output is 1 unit I For this question, only type in the numbers - do not add letters or special charactere. When price is $45, maximum profit is In a graph space provided here ↓, or in any other sheet of paper, draw TR, TC, TVC, TFC on the y-axis, and quantity of the x-axis. Mark the paximum profit, the overall area where the firm is making a profit and where its making loss. Refer to the PowerPoint notes. Upload a scanned copy here. In a graph space provided here $, or in any other sheet of paper, draw MR, MC, AVC, ATC. AR, P on the y-axis, and quantity on the xwis. Mark the profit-maximizing price and quantity. Question 9 1 pts In a graph space provided here ↓, or in any other sheet of paper, draw Profit on the y-axis, and quantity on the x-axis. Upload a scanned copy here. Make sure to bring the graph to class for discussion.

Answers

However, I can provide you with explanations and guidance on how to complete the chart and draw the graphs based on the given data.

To complete the chart in your notebook:

- List the quantity (Q) in ascending order.

- Calculate the total revenue (TR) by multiplying the quantity (Q) by the given price ($45).

- Calculate the total cost (TC) by summing up the fixed costs ($55) with the variable costs.

- Calculate the total variable cost (TVC) by subtracting fixed costs ($55) from total cost (TC).

- Calculate the average variable cost (AVC) by dividing total variable cost (TVC) by quantity (Q).

- Calculate the average total cost (ATC) by dividing total cost (TC) by quantity (Q).

To draw the graphs:

1. Total Revenue (TR) graph: Plot the quantity (Q) on the x-axis and total revenue (TR) on the y-axis. Connect the points to create a line that starts from the origin and slopes upward.

2. Total Cost (TC), Total Variable Cost (TVC), and Total Fixed Cost (TFC) graph: Plot the quantity (Q) on the x-axis and costs on the y-axis. Total cost (TC) is the sum of total variable cost (TVC) and total fixed cost (TFC). TVC starts from the fixed cost value ($55) and increases as quantity (Q) increases. TFC remains constant at $55.

3. Marginal Revenue (MR) and Marginal Cost (MC) graph: Plot the quantity (Q) on the x-axis and prices (P) or revenue (R) on the y-axis. Marginal revenue (MR) is the change in total revenue (TR) when quantity (Q) increases by 1 unit. Marginal cost (MC) is the change in total cost (TC) when quantity (Q) increases by 1 unit.

4. Average Variable Cost (AVC) and Average Total Cost (ATC) graph: Plot the quantity (Q) on the x-axis and costs on the y-axis. Average variable cost (AVC) is the total variable cost (TVC) divided by quantity (Q). Average total cost (ATC) is the total cost (TC) divided by quantity (Q).

In the graph for profit, plot the quantity (Q) on the x-axis and profit on the y-axis. Profit can be calculated by subtracting total cost (TC) from total revenue (TR).

Please note that without the specific numerical values for total revenue, total cost, and quantities, I'm unable to provide precise graphical representations or  question 9. It would be helpful if you could provide the numerical data for further assistance.

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Which of the following sources of marketing career information will give you
both a deeper understanding of a specific marketing career and hands-on
experience?
O A. An internship
B. A marketing-related blog
C. The Bureau of Labor and Statistics' Occupational Outlook
Handbook
O D. An online marketing class

Answers

Answer:

A. An internship

Explanation:

Took the test

Internship sources of marketing career information will give you both a deeper understanding of a specific marketing career and hands-on experience. The correct option is A.

What is the importance internship?

Before entering the industry, internships offer the chance to network with wonderful people and hone your talents. They are a huge asset in discovering your actual interest. They're frequently viewed by employers as a way for you to obtain exposure and experience before being hired, allowing for a seamless transfer.

Internships are a valuable source of marketing career information because they allow individuals to gain hands-on experience and a deeper understanding of a specific marketing career. Interns have the opportunity to work with professionals in the field, observe day-to-day operations, and gain insight into the skills and knowledge required to succeed in a marketing career.

Thus, the ideal selection is option A.

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The cost of a secured loan is typically lower than the cost of an unsecured loan because _______.

Answers

Answer:

It’s requires Collateral

Explanation:

A secured loan requires you to have some thing as collateral damage, for example your house if you own.

The cost of a secured loan is generally lower than the cost of an unsecured loan because it requires collateral.

What is Secured loan?

A secured loan is defined as a loan in which the borrower pledges some asset as collateral for the loan, which then becomes a secured loan to the creditor lending the loan.

It is a type of loan backed by collateral where a financial asset we own, such as a home or car can be used as payment to the lender if we don't repay the loan.

The idea behind a secured loan is the basic idea, so lenders accept collateral against a secured loan to encourage borrowers to repay the loan on time. After all, the prospect of losing your home or car is a powerful motivator to pay down the loan, and to avoid repossession or foreclosure.

Thus, the cost of a secured loan is generally lower than the cost of an unsecured loan because it requires collateral.

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Assume that 10 years ago you purchased a $1,000 bond for $865. The bond pays 10.70 percent interest and will mature this year. (a) Calculate the current yield on your bond investment at the time of the purchase. (Enter your answer as a percent rounded to 2 decimal places.) Current yield (b) Determine the yield to maturity on your bond investment at the time of purchase. (Enter your answer as a percent rounded to 2 decimal places.) Yield to maturity %

Answers

12.36% is the yield to maturity on your bond investment at the time of purchase.

To calculate the current yield, divide the annual interest payment by the bond's purchase price and multiply by 100 to express it as a percentage:

(a) Current yield = (Annual interest payment / Purchase price) * 100

The annual interest payment is 10.70% of the bond's face value, which is $1,000. So, the annual interest payment is $1,000 * 10.70% = $107.

Current yield = ($107 / $865) * 100 = 12.36%

To determine the yield to maturity, we need to consider the bond's purchase price, face value, annual interest payment, and the number of years remaining until maturity.

(b) Since the bond is maturing this year, the number of years remaining until maturity is 0. Therefore, the yield to maturity is equal to the current yield:

Yield to maturity = Current yield = 12.36%

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The W-4 tax form is used to?

Answers

Answer:

use compute the amount of federal income tax to deduct and withhold from the employee's pay

Explanation:

Answer:

tell your employees how much federal income tax to withhold from your paychecks to send to the IRS

Explanation:

Mellon Manufacturing has after-tax income of $4.0 million. It also has 1.2 million shares of stock outstanding. What is the firm's earnings per share?

Answers

The firm's earnings per share is $3.33.

Given that Mellon Manufacturing has after-tax income of $4.0 million. It also has 1.2 million shares of stock outstanding. To calculate Mellon Manufacturing's earnings per share (EPS), you need to follow the given steps:

The formula to calculate earnings per share is: Earnings per share = (Net income - Preferred dividends) / Weighted average number of shares outstanding.

In this case, there is no information about preferred dividends. Hence, we can simply divide the net income by the number of shares outstanding to get the earnings per share. Earnings per share = Net income / Number of shares outstanding = $4.0 million / 1.2 million= $3.33.

So, the earnings per share for Mellon Manufacturing is $3.33.

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What is the hazard? Chris works for a city public works department. One hot afternoon the temperature outside reached 92 degrees. While Chris was shoveling dirt in a vacant lot, he started to feel dizzy and disoriented. He fainted due to the heat.

Answers

Answer: dehydration

Explanation:

Answer:

dehydration and heat exhaustion.

Explanation:

I hope this helps! :)

What does the term “smalling up” mean, according to white? What ways have you or people you know had to “small up”? If you haven’t, what ways could you?

Answers

Instead of buying what she would normally buy White purchased a smaller item and would save money over time to eventually make a higher purchase. I normally buy starbucks but now I make coffee at home and save that money to buy a car.

As the term “smalling up” mean, according to white to make the amount as the way that they spend their money.

What are white people?

Greco-Roman archaeology and other historical or historical texts occasionally refer to inhabitants as "White" in relation to their skin tone, predating this idea, but these cultures had no concept of a White or pan-European race. In the latter seventeenth century, the phrase "White race" or "White people," which refers to their pale complexion among several other physical traits, reached the major European languages.

White mentions "smalling up," which is steering clear of things you don't need to save money, and "bridgework," which entails accepting employment that may under your skill level or pay grade. White made a smaller expenditure than she would have ordinarily done in order to save money for a larger one in the future.

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Random variations represent either increasing or decreasing movements over many years due to factors such as population growth, population shifts, cultural changes and income shifts.

Answers

Answer:

FALSE

Explanation:

THIS IS THE COMPLETE QUESTION

Trends representing either increasing or decreasing movements over many years due to factors such as population growth, population shifts, cultural changes, and income shifts are a component of a time series called "Random Variations"

Random Variation can be regarded as

tendency of an estimated size/ value of a parameter to undergo deviation randomly away from the real/ true magnitude/ value of the parameter.

please help me answer these questions​

please help me answer these questions

Answers

Answer: See explanation

Explanation:

1. Inelastic demand occurs when a change in price doesn't really have an effect on the quantity of the goods demanded. Examples of products with inelastic demand are salt and prescription drugs.

2. Elasticity for demand helps in the determination of the prices of factors of production. It is also vital in knowing how price changes will affect the revenue of the firm.

3. Normal goods are the goods that when income increases, the demand for them increases as well e.g. household appliances

For inferior goods, when Income increases, their quantity demand reduces. These are common with extremely cheap products.

true or false: a positive aspect of a firm accepting credit cards is that the bank carries the risk of the credit, not the firm.

Answers

TRUE, a positive aspect of firm accepting credit cards is that the bank carries the risk of the credit, not the firm.

A bank is a economic institution that accepts deposits from the public and creates a demand deposit even as simultaneously making loans. Lending activities may be at once carried out with the aid of the bank or not directly through capital markets.

A financial institution is an group that lets in people to deposit cash into an account (known as a financial institution account) for safekeeping. Banks often provide many other cash-related services consisting of lending cash, sending cash to other humans, changing huge bills for smaller bills, and presenting credit playing cards.

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How do you get people to back off

Answers

Answer:

tell them you'll beat am up lol

Answer:

Tell them "Yoooo get the f away or imma push you away"

PLEASE HELP IT IS URGENT DO NOT WASTE ANSWERS

PLEASE HELP IT IS URGENT DO NOT WASTE ANSWERS

Answers

The second one, a walkabout is NOT a form of learning the United States has used

According to rankings by many people over the years what is the number one expectation that people have a job they will enjoy

Answers

Answer:

The number one expectation is that the job uses people's abilities to the best, and makes them feel accomplished.

One possible explanation for this is Maslow's hierarchy of needs, in which the need of self-accomplishment is at the top, meaning that this is the need of the highest order.

If people feel that they are achieving self-accomplishment in their jobs, then, it is very likely that they enjoy it.

Why is choosing an appropriate mortgage potentially even more important than
choosing an appropriate auto loan?

Answers

Here are five considerations to keep in mind as you compare vehicle loans to find the best deal: Annual Percentage Rate (APR) When searching for a car loan, your annual percentage rate, or APR, is a crucial consideration.

Monthly Payment, Loan Term, Loan Amount, Fees and Penalties, and Final Remarks.

You wish to drive a modern car that you won't be able to pay for without financing in a fair amount of time. The moderate interest rate means that the additional costs won't have a big impact on the overall cost of the vehicle. The periodic payments won't put undue strain on your current or next finances.

This rule states that housing costs should not exceed 28% of one's gross monthly income and total debt service should not exceed 36%. This rule is frequently used by lenders to decide whether or not to offer borrowers credit.

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Differential Analysis for Sales Promotion Proposal Kankakee Cosmetics Company is planning a one-month campaign for December to promote sales of one of its two cosmetics products. A total of $150,000 has been budgeted for advertising, contests, redeemable coupons, and other promotional activities. The following data have been assembled for their possible usefulness in deciding which of the products to select for the campaign:



Moisturizer Perfume


Unit selling price $35 $55


Unit production costs:


Direct materials $(12) $(20)


Direct labor (8) (10)


Variable factory overhead (3) (6)


Fixed factory overhead (2) (6)


Total unit production costs $(25) $(42)


Unit variable selling expenses (2) (3)


Unit fixed selling expenses (2) (8)


Total unit costs $(29) $(53)


Operating income per unit $6 $2



No increase in facilities would be necessary to produce and sell the increased output. It is anticipated that 40,000 additional units of moisturizer or 30,000 additional units of perfume could be sold from the campaign without changing the unit selling price of either product.



Required:


Prepare a differential analysis as of November 2 to determine whether to promote moisturizer (Alternative 1) or perfume (Alternative 2). If an amount is zero, enter "0"

Answers

The differential analysis compares the cost and revenue for two products, moisturizer and perfume, to determine which one to promote during the December campaign. The analysis shows that promoting the moisturizer is more profitable with a net income of $240,000 compared to perfume with a net income of $60,000.

Differential Analysis

Alternative 1: Moisturizer

Additional units to be sold: 40,000

Total additional revenue (40,000 x $35) = $1,400,000

Variable costs

Direct materials $480,000

Direct labor 320,000

Variable factory overhead 120,000

Unit variable selling expenses (2 x 40,000) 80,000

Total variable costs $1,000,000

Contribution margin $400,000

Fixed costs:

Fixed factory overhead 80,000

Unit fixed selling expenses (2 x 40,000) 80,000

Total fixed costs $160,000

Net operating income $240,000

Alternative 2: Perfume

Additional units to be sold: 30,000

Total additional revenue (30,000 x $55) = $1,650,000

Variable costs:

Direct materials $600,000

Direct labor 300,000

Variable factory overhead 180,000

Unit variable selling expenses (3 x 30,000) 90,000

Total variable costs $1,170,000

Contribution margin $480,000

Fixed costs:

Fixed factory overhead 180,000

Unit fixed selling expenses (8 x 30,000) 240,000

Total fixed costs $420,000

Net operating income $60,000

Decision

The differential analysis indicates that Alternative 1 (promote Moisturizer) would result in a higher net operating income of $240,000 compared to Alternative 2 (promote Perfume) with a net operating income of $60,000. Therefore, Kankakee Cosmetics Company should choose to promote Moisturizer.

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plzzzzzzzzzzz what is the square root of 8​

Answers

Answer:

\(2.82842712475\)

Explanation:

The square root of eight is a irrational number because it cannot be a fraction with integers. The square root up eight has to be rounded up eight decimal places would equal "2.82842712475" which means that is your answer.

8–√

=23−−√

or 2–√

x 2–√

x 2–√

=> 8–√

= 2x 2–√

=> 8–√

= 22–√

 = 1.41421...

Therefore, 8–√

= 2 x 1.41421..

=> 8–√

= 2.82842..

Hope this helps.

Which of the following is a “DON’T” regarding scannable résumés?
a.
Print on white paper with black ink
b.
Use special characters like italics and underlining
c.
Add spaces before and after slashes
d.
Use a clean and neat overall format


Please select the best answer from the choices provided

A
B
C
D

Answers

Answer:

B

Explanation:

took it on edge2020 :)

When it comes to scannable resumes, it is not recommended that you b. Use special characters like italics and underlining.

How should scannable resumes be designed?

Because they are to be scannable, they are not to have complicated characters that might be unscannable such as special characters and underlining.

They should be printed on white paper using black ink only, and should have a format that is best described as being neat and clean.

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PROFIT/LOSS = TOTAL REVENUE - TOTAL COSTS
lan set up a taxi firm one month ago. He has calculated that his total monthly revenue was £2400.
He has added his costs together for the first month and they came to £2800. However, he spent
£1000 on a car for the business that he will not need to spend again.
1) What was his profit/loss for the month?
For the month it was €
1
2) Next month, what will his profit/loss be?
3) List 2 things that could happen that would increase his costs?

Answers

Answer:

What's the question? :) I'm an econ major btw.  

Explanation:

Which of the following taxpayers in most likely to have income or loss from a passive activity? Jerald- He is a general partner in a financial planning business, and he manages the day-to-day operations of the business Holly- She in a full-time employee at a limited liability law partnership. Robert- He is a self-employed legal consultant, and he spent 500 hours during the current your doing legal work. He also owns rental property and he spent 900 hours making repairs and management decisions relating to his rental property Judy- She has invested in a limited partnership that designs specialty t-shirts, but she does not actively participate in any business or management activities

Answers

Passive activity is any activity in which the taxpayer does not actively participate.

Taxpayers with passive activities have income or losses that are treated differently than income or losses from non-passive activities. They are generally not fully deductible in the current tax year but are carried forward to future years and used to offset future passive activity income.

The passive activity rules limit the taxpayer's ability to deduct passive activity losses against income from other sources. Judy is most likely to have income or loss from a passive activity. She has invested in a limited partnership that designs specialty t-shirts, but she does not actively participate in any business or management activities.

Because Judy does not actively participate in the business, the partnership's income or loss is considered passive income or loss. As a result, Judy's ability to deduct losses from her investment is subject to the passive activity rules.

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the forecasting method that is appropriate when the time series has no significant trend, cyclical, or seasonal effect is . a. mean squared error b. mean average deviation c. moving averages

Answers

The forecasting method that is appropriate when the time series has no significant trend, cyclical, or seasonal effect is moving averages.

The moving average is a statistical method for forecasting long-term trends. The approach shows how to average a group of values while shifting the range. When used with time-series data, the moving average technique hides both short-term variability and long-term patterns.

Moving average is utilized in scientific and technical applications as well as financial ones. The moving average is used to anticipate the supply of products or commodities when there is a little seasonality or trend but constant demand. A basic arithmetic average of prices over a time period is used by simple moving averages, but exponential moving averages give more weight to more recent values than to older ones over the same time period.

Therefore, the correct answer is option C.

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what is the tax multiplier formula?

Answers

The tax multiplier formula is used to calculate the impact of changes in government tax policies on the overall economy. It is calculated as follows:

Tax Multiplier = - MPC / (1 - MPC)

The tax multiplier is a measure of how much an initial change in taxes affects overall economic activity. It is a concept used in macroeconomics to understand the impact of fiscal policy on the economy. The tax multiplier indicates the change in national income or output caused by a change in taxation.

When a government increases taxes, people have less money to spend on goods and services. This reduction in spending causes a decrease in demand, which in turn leads to a decrease in production, employment, and income. The tax multiplier measures the magnitude of this chain reaction. A tax multiplier is a negative number because an increase in taxes decreases economic activity.

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A 6.60 percent coupon bond with 15 years left to maturity is priced to offer a yield to maturity of 7.4 percent. You believe that in one year, the yield to maturity will be 6.9 percent. What is the change in price the bond will experience in dollars?

Answers

Answer:

The price will increase by $44.67

Explanation:

Price of the bond now

Use following formula to calculate the price of the bond

Price of the Bond = C x [ ( 1 - ( 1 + r )^-n ) / r ] + [ F / ( 1 + r )^n ]

Where

F = Face value of the bond = $1,000

C = Coupon payment= $1,000 x 6.60% = $66  

n = Number of periods = 15 years

Market Rate = 7.4% annually

( Assumptions:

Face value of the bond is $1,000

Coupon payments ares made annually )

Placing values in the formula

Price of the Bond = $66 x [ ( 1 - ( 1 + 7.4% )^-15 ) / 7.4% ] + [ $1,000 / ( 1 + 7.4% )^15 ]

Price of the Bond = $928.94

Now calculate the price after one year

Where

F = Face value of the bond = $1,000

C = Coupon payment= $1,000 x 6.60% = $66  

n = Number of periods = 15 years - 1 = 14 years

Market Rate = 6.9% annually

( Assumptions:

Face value of the bond is $1,000

Coupon payments ares made annually )

Placing values in the formula

Price of the Bond = $66 x [ ( 1 - ( 1 + 6.9% )^-14 ) / 6.9% ] + [ $1,000 / ( 1 + 6.9% )^14 ]

Price of the Bond = $973.61

Change in price = $973.61 - $928.94 = $44.67

indifference curves illustrate question 31 options: a firm's profits. a consumer's budget. a consumer's preferences. the prices of two goods.

Answers

Indifference curves illustrate a consumer's preferences.

An indifference curve is a graph that displays possible pairings of two goods or commodities that, when purchased in whatever combination, leave the buyer equally well off or satisfied—thus leaving them indifferent.

Economists use an indifference curve to describe the compromises people make when they are presented with two products they want to purchase. People are limited by their ability to spend money, so they cannot buy everything. A cost-benefit analysis must be taken into account instead. Indifference curves provide a visual representation of this trade-off by displaying the quantities of two different items that give a consumer the same utility.

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What is the volume of a box that is 3 m long, 0.5 m high, and 2 m wide?

Answers

the answer is three! you simply multiply all three together!

Can Some people give me brainliest I'll give ya'll all my points when I see it

Answers

Answer:

Explanation: why u delete all your questions that u answered for me?

Vendors provide restaurants with what?
OA
cooked items
OB.
raw materials
Oc.
furniture
OD.
menu recipes

Answers

Answer:

raw materials

Explanation:

Define demand and supply​

Answers

They’re correct ^^!!!!

what are reasons for a company to sell stocks choose more than one answer. brainpop

Answers

Companies sell stocks for a variety of reasons. One reason is to raise capital for future growth and expansion. Another reason is to pay off debt or fund new projects. Additionally, selling stocks can provide liquidity for company founders or early investors who want to sell their shares. Companies may also sell stocks to attract and retain employees by offering stock options or equity as part of their compensation package.

Finally, selling stocks can increase the company's visibility and credibility in the market, making it more attractive to investors.
There are several reasons for a company to sell stocks. Firstly, selling stocks can provide a company with funds for expansion, research and development, or capital investments, which can ultimately drive business growth. Secondly, issuing stocks can help a company reduce its debt-to-equity ratio, improving its financial health and stability.

Lastly, selling stocks can provide liquidity for the company's founders and early investors, allowing them to realize the financial gains from their initial investment. Overall, selling stocks can be a strategic decision to support a company's financial objectives and long-term growth plans.

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What is interpersonal?

Answers

Answer:

having the ability to relate to and connect with others

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