Using the value chain framework, discuss how a firm can improve on its value creation activities using speed as a technique

Answers

Answer 1

A value chain analysis gives businesses a Value Chain Framework of these activities, allowing them to determine where they can reduce costs. With this analysis, you can take steps to create a competitive advantage, improve efficiency, and increase profit margins.

The Value Chain Framework encompasses the whole variety of sports and offerings had to convey products or services from theory to sale in very last markets, whether or not local, national, regional, or global. bridge. The fee chain includes enter suppliers, producers, processors, and buyers. They are supported with the aid of using a huge variety of technical, commercial, and economic carrier providers.

The fee chain has each structural and dynamic components. The shape of the fee chain impacts the dynamics of company conduct, and those dynamics have an effect on the overall performance of the fee chain.

The Value Chain Framework technique calls for the usage of a fee chain framework to decide: 1) the shape of the chain, which include all of the people and groups that carry out sports with the aid of using fee and support to convey merchandise to the market. merchandise to the very last market, and 2) fee chain dynamics, which check with the elements that decide character and company conduct and their impact on chain overall performance.

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Related Questions

Laura takes a few moments to refresh her team's memory on the elements of SMART goals.

Which two of the following statements represent the "time-phased" portion of a SMART goal?

a.)
"By the end of the year, all staff should be trained on the new system."
b.)
"Upper management is very excited about the project and will be checking in periodically for updates.”
c.)
"By the end of the project, we will have increased company revenue by 6%."
d.)
"By the end of the project, we will have designed a new records database to increase efficiency in administrative tasks."
e.)
"The project is due to be fully complete in December, but the first design should be done this week.”

Answers

The options that we have here that would tell us of the time based aspects of the SMART goals would be:

"By the end of the year, all staff should be trained on the new system.""The project is due to be fully complete in December, but the first design should be done this week.”

What is the time based aspect of a goal?

This is the term that is sued to refer to the goal that one has has been made to be in tune with a particular deadline. That is, the goal is to be achieved within a given time frame hence the need for the individuals to work towards the deadline.

It helps to focus the efforts and the resources of the person towards a particular period of time.

Hence we can say that option A and E are the solution.

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please provide answers after reading paragraph

Answers

When an employer (through a supervisor, manager, administrator, or directly) terminates an employee or otherwise takes adverse action against them for engaging in protected behavior, that is considered retaliation.

Rigid bureaucratic institutions encourage managers to act in revenge. Retaliation is also encouraged by organizations that do not promote a procedurally just environment. Managers who abuse power and retaliate when claims are made are more likely to be found in workplaces that promote an aggressive and bullying culture. Actions made by irate workers in retaliation for perceived unfairness at work are referred to as organizational retaliatory conduct. Basically, an employer's action is considered unlawful retaliation if it would discourage a reasonable individual from filing a complaint out of fear of repercussions. Retaliation may take the form of dismissal or refusal to hire you,  a wage cut, a demotion, or a reduction in the number of hours you work.Complete question: what could you do to reduce the risk of retaliation in a large organization?

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All of the following companies are prominent examples of data aggregators who
create digital dossiers by collecting public data and non-public data except:
1) Grubhub
2) Acxiom
3) LexisNexis
4) ChoicePoint

Answers

All of the following companies are prominent examples of data aggregators who

create digital dossiers by collecting public data and non-public data except option 1. Grubhub.

Grubhub Inc. is an American online and mobile prepared food ordering and delivery platform. The company is located in Chicago, Illinois and was established in 2004. Grubhub is a subsidiary of the Dutch company. It is a fastfood company.

What is a digital dossiers?

A digital dossiers is a digital footprint. It is also known as a digital dossier. A digital dossiers is the body of data that exists as a result of actions and communications online that can in some how be traced back to an individual. Digital dossier can be broken down into active and passive data traces.

Therefore, the correct answer is option A. Grubhub.

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An increase in the demand for a product means that the:
a. demand curve shifts to the left.
b. supply curve shifts to the left.
c. demand curve shifts to the right.
d. supply curve shifts to the right.
Clear my choice

Answers

Answer:

i think the answer is D hopefully it will be correct

During the stranger phase of leadership development, ____.


A). interests are mixed
B). exchanges are high quality
C). influences are one-way
D). interests are group-focused

Which is correct?!

Answers

The answer is A). Interests are mixed.

Zachary Company reported the following data regarding the product it sells:


Sales price $48
Contribution margin ratio 25%
Fixed costs $336,000

Required

Use the contribution margin ratio approach and consider each requirement separately.


A. To obtain a profit of $48,000, what must the sales be in dollars? In units?

B. If the sales price increases to $60 and variable costs do not change, what is the new break-even point in dollars? In units?

Answers

13. MP Construct an Argument Explain how
you can mentally determine if the product
of 5.5 and 0.95


Think of a business/opportunity that is related to the field of your study and explain why do you want to pursue that undertaking?

Answers

A business opportunity involves the sale or charter of any product, service, equipment and so on that will enable the purchaser-licensee to begin a business.

What is business?

A business is defined as an organization or enterprising or companies entity related with in commercial, industrial, or professional activities. Businesses can be for-profit entities or non-profit organizations.

A common type of business opportunity required by a company that sells bulk vending machines and promises to secure suitable locations for the machines. The purchaser is counting on the company to find locations where sales will be high sufficient to enable them to recoup their expenses and make a profit.

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Explain the difference between ethics and morals and describe the relationship between the two

Answers

Explanation:

Ethics and morals relate to “right” and “wrong” conduct. While they are sometimes used interchangeably, they are different: ethics refer to rules provided by an external source, e.g., codes of conduct in workplaces or principles in religions. Morals refer to an individual's own principles regarding right and wrong.

Ethics and morality are concerned with "good" and "wrong" behavior. While the terms are frequently used interchangeably, they are not the same:

Ethics refer to regulations supplied by an external source, such as workplace standards of behavior or religious precepts.

Morals are an individual's own ideas of good and evil.

What are the similarities between ethics and morals?

Both phrases are used to denote a tight line between what acts are regarded good and what are considered evil.

Both ethics and morality work together to accelerate the learning of desirable behaviors. Both ideas may help anyone become a better person.

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Each day, a FedEx competitor processes approximately 50,000 shipments. Suppose that they use the same Service Quality Index as FedEx and identified the following numbers of errors during a 5-day week (see the "FedEx: Measuring Service Performance" box). These values are hypothetical and do not reflect any real company’s actual performance. Description Weight Number of Errors Complaints reopened 3 140 Damaged packages 10 15 International 1 100 Invoice adjustments 1 281 Late pickup stops 3 201 Lost packages 10 5 Missed proof of delivery 1 24 Right date late 1 745 Traces 3 113 Wrong day late 5 19 Compute the Service Quality Indicator by finding the weighted sum of errors as a percentage of total shipments. Do not round intermediate calculations. Round your answer to three decimal places.

Answers

The Service Quality Indicator, the weighted sum of errors as a percentage of total shipments, is 1.1228%.

What is the service quality indicator?

The Service Quality Indicator (SQI) is a 12-component index developed by FedEx to spur its progress in achieving 100% customer satisfaction with its logistics services.

The Service Quality Indicator (SQI) can be computed by weighting the number of service errors.  Then, the sum is obtained and calculated as a percentage of total shipments.

Data and Calculations:

                                       Weight     # of errors     Weighted Sum

                                                                             (Weight * Errors)

Complaints Reopened        3              140                  420

Damaged Packages          10                15                   150

International                        1               100                   100

Invoice Adjustments          1              281                    281

Late Pickup Stops              3             201                    603

Lost Packages                  10                 5                      50

Missed Proof of Delivery   1               24                      24

Right Date Late                  1             745                    745

Traces                                3              113                    339

Wrong Day Late                5               19                      95

Totals                                            1,643                 2,807

Number of daily shipments = 50,000

Total number of weekly shipments = 250,000 (50,000 x 5)

Number of errors per shipment = 1,643/250,000 = 0.0006572

Service Quality Indicator = Weighted Sum of Errors/Total Shipments

= 2,807/250,000

= 0.011228

= 1.1228%

Thus, the Service Quality Indicator, the weighted sum of errors as a percentage of total shipments, is 1.1228%.

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Using a fictional (yet realistic) product or service that you make up for a for-profit business, create a simple business plan by answering the three questions business owners must consider. (be specific and detailed.)

1. What good will you produce, or what service will you provide?

2. Describe how will it be produced/provided?

3. For whom (your target audience) should it be produced/provided? Be specific and detailed.

Answers

Answer:

option number 1

Explanation:

i think it's right

Jonathan is a single taxpayer with modified adjusted gross income of $110,000 and an active participation rental real estate lof of $30,000. Assuming he has no other source of passive income, what i the adjusted special alowance?

Answers

If Jonathan is a single taxpayer with modified adjusted gross income of $110,000 and an active participation rental real estate of of $30,000. Assuming he has no other source of passive income, the adjusted special allowance is $25,000.

Passive income

Since he has no other source  of passive income and he is a single taxpayer that  which means that Jonathan adjusted allowance will be the amount of $25,000.

The amount of $25,000 is classified as the adjusted special allowance of  person that has modified adjusted gross income of the amount of $110,000.

Therefore If Jonathan is a single taxpayer with modified adjusted gross income of $110,000 and an active participation rental real estate of of $30,000. Assuming he has no other source of passive income, the adjusted special allowance is $25,000.

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When Panasonic improves the sound, clarity, and ease of operation offered by its
DVD player, it is

Answers

When Panasonic improves the sound, clarity, and ease of operation offered by its DVD player, it is redistributing its product.

What is the significance of redistribution of a product?

Redistribution of a product refers to the distribute of a product differently or again, typically to achieve greater social equality. It is the act of sharing the product differently from before, especially in a fairer way.

Redistribution allows the consumers to get the better quality product with the additional features and benefits.

Basically, redistribution of a product creates various alternative channel options for the consumer's disposition of unwanted possessions.

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Exercise 1-17 (Algo) Reporting cash flows and determining effects Lo p2

For each transaction,(a) determine whether the transaction appears on the statement of cash flows under cash flows from operating activities, cash flows from investing activities ,or cash flows from financing activities, and (b) indicate whether the transaction is a cash outflow or inflow.

Answers

Depending on the type of transaction, cash flows are categorized as operating, investing, or financing activities on the statement of cash flows. These are the definitions for each of these three groups.

(1) Operating activities -

Cash-related net income activities are included in operating activities. For instance, because revenues and expenses are included in net income, operating activities include cash gained from the sale of goods (revenue) and cash spent on goods (expense).

(2) Investing activities -

Cash-related noncurrent asset activities are included in investing. Long-term investments, property, plant, and equipment, as well as the principal sum of loans to other companies, are examples of noncurrent assets. This category includes things like money received through the sale of land and money invested in another business.

(3) Financing activities -

Cash transactions involving owners' equity and noncurrent liabilities are considered financing activities. The principal amount of long-term debt, stock sales and repurchases, and dividend payments are examples of noncurrent liabilities and owners' equity items.

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HELP! Which example provides the best defense for the unemployment and inflation tradeoff theory?

A. When unemployment increases, jobs are in higher demand, so fewer people are looking for jobs and inflation is less of a danger.

B. When inflation decreases, employers have more money to higher a larger percentage of the labor force, resulting in a decrease in unemployment.

C. When unemployment is low, employers must pay higher wages to attract workers, causing wage inflation and eventually an overall higher inflation rate.

D. When the inflation rate increases, there are more people looking for jobs to best support their families with necessary goods and services.

Answers

The example that provides the best defense for the unemployment and inflation tradeoff theory is that B. When inflation decreases, employers have more money to higher a larger percentage of the labor force, resulting in a decrease in unemployment.

How to illustrate the information?

Short-term trade-offs between unemployment and inflation must be made by society. Policymakers can reduce unemployment by increasing aggregate demand, but only at the expense of increased inflation. They can reduce inflation by reducing aggregate demand, but doing so will temporarily increase unemployment.

As a result, the trade-offs between inflation and unemployment mean that policymakers may lower the unemployment rate below its natural rate in the short term at the expense of higher inflation, but the economy moves back to the natural rate of unemployment once workers are able to make more realistic expectations.

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Using the four(4) Rs, define human resources planning

Answers

Human resources planning involves careful management of the recruitment, retention, retraining, and re-deployment processes.

What is human resources planning?

Human resources planning includes the adopted strategies by a company to maintain a steady stream of skilled employees while avoiding employee shortages or surpluses.

The clear purpose of human resources planning is to achieve optimum use of quality employees.

To achieve this purpose, human resources managers must utilize human resource planning deploying the four Rs of initial recruitment, retention through appropriate human resource policies, retraining for job suitability, and redeployment per case need.

Thus, Human resources planning involves careful management of the recruitment, retention, retraining, and re-deployment processes.

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To perform well during the test, you should:

A) complete true-false questions first
B) tackle the difficult questions first
C) ignore the directions
D) preview the exam

Answers

To perform well during the test, you should tackle the difficult questions first. Solving out the questions that seem the most complex take a lot of burden off of one’s shoulders and it helps because after the difficult questions are finished, the easier questions are a breeze to get through.

To perform well during the test, you should do answer B.

Mariposa, Inc., produces machine tools and currently uses a plantwide overhead rate, based on machine hours. Alice Chen, the plant manager, has heard that departmental overhead rates can offer significantly better cost assignments than can a plantwide rate. Mariposa has the following data for its two departments for the coming year: Department A Department B Overhead costs (expected) $720,000 $180,000 Normal activity (machine hours) 120,000 60,000 Required: 1. Compute a predetermined overhead rate for the plant as a whole based on machine hours. $fill in the blank 1 per machine hour 2. Compute predetermined overhead rates for each department using machine hours. Department A $fill in the blank 2 per machine hour Department B $fill in the blank 3 per machine hour

Answers

The predetermined overhead rate of department A per machine hour  is $6.00

The predetermined overhead rate of department B per machine hour  is $3.00

The predetermined overhead rate of the plant as a whole per machine hour  is $5.00

What does predetermined overhead rate mean?

The predetermined overhead rate indicates the overhead cost per unit of cost driver, in essence, the overhead costs incurred by each activity which is machine hour in this case, which can be determined as the total overhead divided by the machine hours both in the individual departments and company-wide

predetermined overhead rate =overhead cost/machine hours

Department A:

overhead cost=$720,000

machine hours=120,000

predetermined overhead rate=$720,000/120,000

predetermined overhead rate=$6.00

Department B:

overhead cost=$180,000

machine hours=60,000

predetermined overhead rate=$180,000/60,000

predetermined overhead rate=$3.00

plant as a whole:

total overhead costs=$720,000+$180,000=$900,000

total machine hours=120,000+60,000=180,000

predetermined overhead rate=$900,000/180,000

predetermined overhead rate=$5.00

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is the introduction of new goods and services.

Answers

“Innovation” is the introduction of new goods and services. This topic is mentioned a lot in history and is essential for when we learn about the development of human interactions and creations.

How have pensions changed? Why are 401K plans not working for all Americans?

Answers

In brand new staff, the 401k has largely replaced the traditional pension—Census researchers estimate that 79% of Americans now work for an enterprise that sponsors a 401k style retirement plan.

At the same time as the 401k is one of the quality to be had retirement saving alternatives for many people, simply forty one% of people make a contribution to one, in keeping with the U.S. Census Bureau. That is brilliant given the number of personnel who've get right of entry to to business enterprise-sponsored plans: 68% of employed people.

What's a 401k How does it work?

A 401k is a retirement savings and making an investment plan that employers provide. A 401k plan offers employees a tax ruin on money they make a contribution. Contributions are robotically withdrawn from employee paychecks and invested in budget of the employee's selecting (from a list of to be had services).

How tons money is typically in a 401k?

The average 401k balance is $129,157, in step with forefront's 2021 analysis of over 5 million plans. however the general public do not have that a great deal stored for retirement. The median 401k balance is considerably lower at $33,472, more reflective of ways most people keep for retirement.

What occurs to my 401k when I end?

After you go away your activity, there are several alternatives in your 401k. you will be capable of leave your account in which it's miles. instead, you can roll over the money from the old 401k into either your new organization's plan or an person retirement account (IRA).

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A company is hiring a new senior manager. Which best describes why they
would want her to take a leadership style test?
A. To be sure her leadership style will fit into the company
B. To assess her character and competence
C. To test for traits that predict criminal behavior
D. To be sure she has enough
leadership experience for the job.

Answers

Answer:

To be sure she has enough leadership experience for the job.

Explanation:

when a manger is join as a member to assist the company he or she should have an experience the job first.

A newly established firm loses Rs. 4000 in first year but its profit increases by Rs. 800 in each succeding month for the year i)What is the profit of the firm in the 12th month? ii)What is the firm's total profit in the year?​

Answers

The profit of the firm in 12 months is Rs 5600.

Profit describes the financial benefit realized while sales generated from a business pastime exceed the expenses, expenses, and taxes concerned with sustaining the hobby in question.

Profit is the cash earned with the aid of an enterprise while its total revenue exceeds its total fees. Any profit an agency generates goes to its proprietors, who may additionally pick out to distribute the money to shareholders as profits, or allocate it back into the business to finance in addition to business enterprise growth.

A newly established firm loses = Rs. 4000

Profit increases in each succeeding month = Rs. 800

12 month profit = 800 × 12

                         = Rs 9600

The total profit of the firm is 9600 - 4000

                                       = Rs 5600

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who loves cats more than dogs

Answers

Answer: No one

Explanation: Dogs are better

meeeeeeeeeeeeeeeeeeeeeeee

Healthy eating habits have become a high priority for Baby Boomers. Salmon has been identified as a heart-healthy, antioxidant-rich fish.
The price of fresh salmon has increased over the past ten years. According to the law of supply and demand, the quantity of salmon provided should
Increase
.

Answers

Supply and demand theory states that there should be more salmon available. Since there would be an increase in demand for fresh salmon, the amount offered should also grow to meet the need.

What is the increase in demand?

Please note that demand is all about when the availability of the redesigned product is low and more and more people want the same thing. In that case, there will be increased demand.

Because healthy eating habits have been increased and it has become a priority for baby boomers, they consider salmon to be a heart-healthy and antioxidant fish. Because of this, the demand has increased.

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Not accepting a bribe from someone is a(n)______
ethical
neither
unethical
choice.

Answers

Answer:

choice

Explanation:

ethical is just a behaviour while choice u have to choose what you think is right

Deductive arguments aim at

Answers

Deductive arguments aim at certainty, whereas inductive arguments aim at probability.

A deductive argument is a controversy this is intended by the arguer to be deductively legitimate, that is, to provide a guarantee of the fact of the realization furnished that the argument's premises are authentic. it is whilst you take two genuine statements, or premises, to shape a conclusion. Deductive reasoning is a logical technique in which you progress from general thoughts to specific conclusions.

A deductive argument is said to be valid if the premises logically lead to the belief. A deductive argument is said to be sound if it's far valid and has proper premises. the realization of a valid deductive argument is always genuine. A syllogism is a deductive argument with two premises. it is often contrasted with inductive reasoning, in which you begin with particular observations and shape general conclusions. Deductive reasoning is also called deductive good judgment or top-down reasoning.

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Rosemont Tennis is planning for the coming year. Investors would like to earn a 12% return on the company's $25 million of assets. The company primarily incurs fixed costs to maintain the tennis courts. Fixed costs are projected to be $12,500,000 for the year. About 500,000 court time hours are expected to be played each year. Variable costs are about $5 per hour of court time.

A manager should always reject a special order if
*
1 point
the special order price is less than the regular sales price.
there is available excess capacity.
the special order price is less than the variable costs of the order.
the special order will require variable nonmanufacturing expenses.
When deciding whether to accept a special order, which of the following is irrelevant?
*
1 point
Fixed costs that will not be affected by the order
Available excess capacity
The variable costs associated with the special order
The effect of the order on regular sales

Answers

In most case, the manager should always reject a special order if the special order price is less than the variable costs of the order and as well; when deciding whether to accept a special order, the item that is irrelevant is the fixed costs that will not be affected by the order

What is a special order?

This refers to any customer order for goods or services that is not routinely handled by a business. As business has little experience with these orders, they will most probably has only a modest understanding of the costs that it will incur.

Therefore, the Option C and Option D are correct respectively.

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An entrepreneur approaches you about how to sell her new writing pens to consumers. The pens have a unique benefit— they are more comfortable to use than traditional pens. The entrepreneur is concerned that the retailers she has approached want to buy the pens from her at $10 apiece and then sell the pens in their stores at $18 to consumers. The entrepreneur is dismayed at the extra $8 the retailers are getting and has decided to sell the product directly to consumers for $10. She wants to know your opinion. What do you think? Why? (15pts)

Answers

The entrepreneur's decision become proper to promote the writing pen directly to purchasers for $10.00.

We are required to present an opinion on the entrepreneur's selection to promote the writing pen without delay to clients for $10.00.

The retailer is set to buy the pens for $10.00 a chunk and then sell the pens in their shops for $18.00 to purchasers for their very own gain.

But selling the pens for $18.00 a bit is an excessive amount for the customers to buy and it won't be sold greater thereby decreasing the entrepreneur's pen logo cost.

Consequently, The entrepreneur's choice became right to promote the writing pen immediately to customers for $10.00.

An entrepreneur is a man or woman who creates and grows an enterprise thru innovative ideas. entrepreneurs play key roles in producing profits as they develop their groups. An entrepreneur identifies an industrial need of their network, crafts an enterprise concept, and takes the lead position to start their enterprise.

An entrepreneur generally initiates and operates a new business. simultaneously, they may be answerable for any associated dangers. Entrepreneurship is the technique of beginning a new enterprise that prepares a person for each risk and opportunity. An entrepreneur coordinates the vital requirements of an enterprise.

They make money through capitalizing on an innovative answer for a unique, big-scale need and if, viable, repeating the process by means of imparting additional solutions for added needs.

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Which symptom is characteristic of someone on a hallucinogenic drug?

Answers

Answer: Hello: distorted visual and auditory perceptions.) Hallucinogens are a diverse group of drugs that alter perception, thoughts, and feelings. They cause hallucinations, or sensations and images that seem real, but they are not and also, Loss of interest in enjoyable activities. Agitation. Mood swings. Social withdrawal.

Symptoms can include nightmarish hallucinations, extreme panic, paranoia and nausea. It is also possible to have a mixture of good and bad experiences in the one trip. Other unpleasant side effects can include: muscle spasms and loss of coordination.

Have a Great afternoon <3

A hallucinogenic drug user will typically exhibit altered reality perceptions, such as the ability to see, hear, or feel things that are not actually there.

In addition to making a person feel disassociated from their body and surroundings, hallucinogenic drugs can also result in hallucinations, an altered sense of reality, an elevated heart rate, decreased appetite, trouble sleeping, dry mouth, panic, sweating, problems with coordination, "spiritual" experiences, psychosis, mood swings, and nausea.

When using illegal drugs like amphetamines, cocaine, LSD, or ecstasy, people may have hallucinations.

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Raquel’s beauty salon is a specialty salon because she only uses and sells completely vegan beauty products. Sarah also owns and operates a beauty salon not far from Raquel’s, but Sarah offers slightly different products and services than Raquel because she does not specifically focus on vegan products. Even though the two women offer slightly different products and services, they share a lot of the same clientele. What type of competition does this MOST likely represent? A. Indirect competition B. Substitute competition C. Equal competition D. Direct competition

Answers

This type of competition does this most likely represent Indirect competition.

Even when there is indirect rivalry, the goods and services could still meet the needs of the customer.

What is  Indirect competition?Indirect competition occurs when two or more companies pursue the same customer need in the same market while presenting various goods and services. For instance, cookies and chocolate are both sweets that can be substituted for one another, making them indirect rivals.You can considerably increase the breadth of your ideas and sources of inspiration by researching indirect competitors. The likelihood of discovering lucrative concepts or link opportunities that your direct competitors haven't yet pursued is significantly higher because they are targeting the same audience but in a somewhat different space.Companies that target the same client demographics as another company are considered indirect competitors. Although you and your indirect rivals provide distinct goods or services, you both fulfill the same client demand.In the sector of coffee shops, brands like Starbucks and Dunkin Donuts might be viewed as McDonald's direct competitors rather than vice versa.

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Smith company purchased machinery on January 1, 2020 for 72,000. The machinery is estimated to have a salvage value of 7,200 after a useful life of 8 years.

a. Compute 2020 depreciation expense using the sum-of-the-years-digits method.

b. assuming the machinery was purchased on April 1, 2020

Answers

a) The 2020 depreciation expense using the sum-of-the-years-digits method, 36 is $14,400.

b) Assuming the machinery was purchased on April 1, 2020, the 2020 depreciation expense is $10,800.

What is the sum-of-the-years-digits method?

The sum-of-the-years-digits method is one of the depreciation methods.

This method calculates the depreciation expense for the year by using the year's digit over the sum-of-the-years-digits.

The sum-of-the-years-digits method adds up the total of the years that the asset will be depreciated and uses it as the denominator to determine the depreciation rate.  Thereafter, the depreciation rate is multiplied by the year's digit to obtain the depreciation expense.

Data and Calculations:

Cost of machinery on January 1, 2020 = $72,000

Salvage value = $7,200

Depreciable amount = $64,800 ($72,000 - $7,200)

Estimated useful life = 8 years

Sum-of-the-years-digits method:

Depreciation rate = $1,800 ($64,800/36)

a) 2020 depreciation expense using the sum-of-the-years-digits method, 36 = $14,400 (8 x $1,800).

b) Assuming the machinery was purchased on April 1, 2020, the 2020 depreciation expense is $ $10,800 (8 x $1,800 x 9/12).

Learn more about the sum-of-the-years-digits method at https://brainly.com/question/7666503

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