1. a. Bold and Grusome bought a motor van for $45 000 and estimated its scrap value at
$3000 and it's useful life as 5 years. Depreciation is charged on the straight line
method.
i. What was the depreciation rate per year?
II. What amount of depreciation should be charged in year 3?
111. What was the net book value at the end of year 4?
1V. What was accumulated depreciation at the end of year 3?
v. Name ONE other method of depreciation.​

The distinction between a normal and an inferior good is

How many months does the federal budget usually take to prepare

Joint cost cheyenne, inc. produces three products from a common input. the joint costs for a typical quarter follow: direct materials $45,000 direct labor 55,000 overhead 60,000 the revenues from each product are as follows: product a $75,000 product b 80,000 product c 30,000 management is considering processing product a beyond the split-off point, which would increase the sales value of product a to $116,000. however, to process product a further means that the company must rent some special equipment costing $17,500 per quarter. additional materials and labor also needed would cost $12,650 per quarter. a. what is the gross profit currently being earned by the three products for one quarter? $answer b. what is the effect on quarterly profits if the company decides to process product a further? $answer