Calculating Units-of-Production Depreciation Swift Trucking Company purchased a long-haul tractor-trailer for $600,000 at the beginning of the year. The expected useful life of the tractor-trailer rig was 8 years or 500,000 miles. Salvage value was estimated to be $80,000. During the first 5 years of use, the rig logged the following usage in miles:
Year 180,000miles
Year 275,000miles
Year 380,000miles
Year 476,000miles
Year 560,000miles
Total371,000miles
Calculate the depreciation expense to be taken on the tractor-trailer for each year using:
(a) Units-of-production method
(b) Straight-line method
Which method gives you higher total depreciation charges over the five-year period?

Yael decides that she no longer enjoys her job, and she quits to open a gluten-free, dairy-free kosher bakery. she pays a monthly rent for her store of $2,000. her labor costs for one month are $4,500, and she spends $6,000 a month on nut flours, sugar, and other supplies. yael was earning $2,500 a month working as a bank teller. these are her only costs. her monthly revenue is $14,000. which of the following statements about yael’s costs and profit are correct? correct answer(s) an accountant would say she is earning a monthly profit of $1,500. her implicit costs are $2,500 a month. an economist would tell her that she is experiencing a loss. her total costs are $12,500 a month. her explicit costs include the labor, rent, and supplies for her store. her economic profit is $1,500 a month.

One pound of material is required for each finished unit. the inventory of materials at the end of each month should equal 20% of the following month's production needs. purchases of raw materials for february would be budgeted to be:

(a) what do you think will happen if the price of non-gm crops continues to rise? why? (b) what will happen if the price of non-gm food drops? why?