BUSINESS COLLEGE

Muddy Meadows Earthmoving can purchase a bulldozer for $147,000. After 7 years of use, the bulldozer should have a salvage value of $50,000. What depreciation is allowed for this asset in Year 4 for.(a) Straight-line depreciation?(b) 150% declining balance depreciation?(c) 40% bonus depreciation with the balance using 5-year MACRS?PLEASE DO NOT USE EXCEL AND SHOW CALCULATIONS1.) a) $13,857; b) $15,676; c) $10,1612.) $13,857; b) $15,676; c) $44663.) $21,000; b) $15,676; c) $10,1614.) $13,857; b) $12,437; c) $10,161

Answers

Answer 1
Answer:

Answer:

1) a. $13,857 : b. $15,676 : c. $10,161

Explanation:

(a) Straight-line depreciation:

depreciation expense per year = ($147,000 - $50,000) / 7 = $13,857 per year

(b) 150% declining balance depreciation:

150% depreciation = 1/7 x 1.5 = 21.42%

depreciation expense year 1 = $147,000 x 1/7 x 1.5 = $31,500

depreciation expense year 2 = $115,500 x 1/7 x 1.5 = $24,750

depreciation expense year 3 = $90,750 x 1/7 x 1.5 = $19,446

depreciation expense year 4 = $71,304 x 1/7 x 1.5 = $15,279 (this number is similar to $15,676, so I will choose that number. Depreciation % may vary a little due to rounding)

(c) 40% bonus depreciation with the balance using 5-year MACRS:

depreciation expense year 1 = $147,000 x 40% = $58,800

depreciation expense year 2 = $88,200 x 32% = $28,224

depreciation expense year 3 = $88,200 x 19.20% = $16,934

depreciation expense year 4 = $88,200 x 11.52% = $10,161

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Dr. Osorno was served with a malpractice lawsuit based on allegedly removing the wrong organ. Following discovery, it becomes clear that the plaintiff has no credible evidence against the doctor, and that no reasonable jury could rule in the plaintiff's favor. How should Dr. Osorno's lawyer proceed?a. The lawyer should make a motion for summary judgment.
b. The lawyer should make a motion for additional discovery.
c. The lawyer should make a motion to amend the answer in order to make a motion to dismiss.
d. The lawyer should file a motion for judgment on the pleadings.
e. The lawyer should proceed to trial.

Answers

Answer:

Correct option is A.

The lawyer should make a motion for summary judgement

Explanation:

A movement for rundown judgement is Sled offer the disclosure procedure attesting that no truthful debates exist and that if the appointed authority applied the law to the undisputed realities, her solitary sensible choice would be agreeable to the moving party.

In the month of June, a department had 8000 units in beginning work in process that were 70% complete. During June, 32000 units were transferred into production from another department. At the end of June there were 4000 units in ending work in process that were 40% complete. Materials are added at the beginning of the process, while conversion costs are incurred uniformly throughout the process (Please show work)A. How many units were transfered out of the process in june________B.The equivalent units of production for materials in June were _______C. The equivalent units of production for conversion costs for June were_______

Answers

Answer:

A. 36,000 units

B. 40,000 units

C. 32,800 units.

Explanation:

A. To calculate units transferred out we add beginning work in process to units transferred during the period and subtract the ending work in process units.

8,000 + 32,000 - 4,000 = 36,000

Units transferred out of process in June = 36,000

B. The equivalent units of production for materials will be ;

8,000 + 32,000 = 40,000.

C. The equivalent units of production for Conversion costs will be:

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Regarding the AQCD​ criteria, strive to include all high quality factors in an external assessment for a firm. A high quality factor will meet​ ______ of the AQCD​ criteria; a low quality factor will meet​ ______ of the AQCD criteria. A. ​3; 1 B. 3 or​ 4; 2 or fewer C. 3 or​ 4; 0 D. ​4; 0 E. ​All; none

Answers

Answer:

Option B) 3 or​ 4; 2 or fewer

Explanation:

A high quality factor will not meet 3 or 4 and low quality factor will not meet 1 or 0 so option A, C and D are incorrect.

The correct option is B. 3 or 4; 2 or fewer as a high quality factor will meet three or four of the AQCD criteria; a low quality factor will meet two or fewer of the AQCD critieria.

Mary Beth Marrs, the manager of an apartment complex, feels overwhelmed by the number of complaints she is receiving. Below is the check sheet she has kept for the past 12 weeks. Develop a Pareto chart using this information. What recommendations would you make?

Answers

To Develop a Pareto chart using this information the recommendations would you make:

  • The Pareto chart makes a difference in us getting it where the need is to center on it.
  • The Pareto chart is based on the 80%-20% run of the show. The Pareto chart says that 20% of the arrangements offer assistance to resolve 80% of the issues.
  • So Mary Beth Marrs, the chief of the flat complex must center on issues such as the stopping part, the ground, and the pool, to conciliate most of the individuals and reduce the complaints.

Know more :

brainly.com/question/20647442?referrer=searchResults

The correct answer to this open question is the following.

Unfortunately, the question does not attach the check sheet with the needed information.

However, we can say that the Pareto chart helps us understand where the priority is to focus on it. The Pareto chart is based on the 80%-20% rule. The Pareto chart says that 20% of the solutions help resolve 80% of the issues.

So Mary Beth Marrs, the manager of the apartment complex must focus on issues such as the parking lot, the ground, and the pool, to appease most of the people and diminish the complaints.

A company has the following items on its year-end trial balance:Net sales $500‚000Common stock 100,000Insurance expense 75,000Wages 50,000Cost of goods sold 100,000Cash 40,000Accounts payable 25,000Interest payable 25,000What is the company's gross profit?A. $230‚000B. $500,000C. $400,000D. $275‚000

Answers

Answer:

C. $400,000

Explanation:

The computation of the gross profit is shown below:

Gross profit = Net Sales - costs of goods sold

                   = $500,000 - $100,000

                   = $400,000

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All other information which is given is not relevant. Hence, ignored it                    

What is true with respect to the demand of a monopolist?

Answers

Answer:

Average revenue is greater than marginal cost when the monopolist is maximizing total profits or minimizes losses. Marginal revenue decreases as average revenue decreases.

Explanation:

A monopolist controls all of the markets for a particular good or service. A monopolist does not need to improve their product much because customers have no other alternatives.

In the case of pure monopoly, no close substitutes for the product exist and there is one seller.

Average revenue is greater than marginal cost when the monopolist is maximizing total profits or minimizes losses. Marginal revenue decreases as average revenue decreases.

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