Hour Cars and Trucks (HCT) offers hourly-rate car and truck rentals to customers in three clites: Phoenix, Austin, and NYC. HCT's neso office controls all hew vehicle purchases but allows each location to set its own rental rates, determine its own depreciation expense. and obtain vehicle repair and maintenance services as the vehicles are used during the year. Each location thas had the same number of vehicles and has not changed its rental rates since HCT started operations two years ago. The accounting supervisor in HCT shead Required: 1. If more miles are driven in Year 2 than in Year 1, what should happen to the given items on HCT s income statement in Year 2 (as compared to Year 1 ? Choose increase, decrease, or stay constant. The Tableau dashboard below shows monthly rental revenue, depreciation expense, and repoirs and maintenance expense for the three cities combined. You can use the fiter options in the upper right comer of the dashboard to answer questions 2.4 about each location. Rental Revenue Depreciation Expense Repairs and Maintenance Expense 2. Using the fllter options in the uppot night corner of the Tableau dastiboard, stect NYC. Which depreciation method is used in this city? 3. Using the fiter options in the upper right comer of the Tobleou dashboard, select Austin. Which depreciation method is used in this If city? 4. Using the filter options in the upper right comer of the Tableau donhboard, select Phoenis. Notice the trend in we Repairs and Maintenance Expense occount as compared to the trend in Depreciation Expense. Which of the given statements best explains the changes in these occounts? Complete this quention by entering your answers in the tabs below. If more miles are driven in Year 2 than in Year 1 , what should happen to the following items on HCT's Year 2 (as compared to Year 1 )? Choose increase, decrease, or stay constant. Using the filter options in the upper right corner of the Tableau dashboard, select NYC. W this city? Complete this question by entering your answers in the tabs below. Using the filter options in the upper right corner of the Tableau dashboard, select Austin. W in this city? Using the filter options in the upper right corner of the Tableau dashboard, select Phoenix. Notice the trend In the Maintenance Expense account as compared to the trend in Depreciation Expense. Which of the following best ex changes in these accounts? The vehicles were driven more in the first half of the year than in the last half of the year The vehicles were driven varying amounts but this location adopted a policy in the middle of the year to capitalize rather than expense most costs relating to repairs and maintenance. The location sold a portion of its vehicle fleet in the middle of the year, thereby reducing repairs and maintenance costs. The location did not pay for or accrue repairs and maintenance services obtained during the last month of the year. Hour Cars and Trucks (HCT) offers hourly-rate car and truck rentals to customers in three clites: Phoenix, Austin, and NYC. HCT's neso office controls all hew vehicle purchases but allows each location to set its own rental rates, determine its own depreciation expense. and obtain vehicle repair and maintenance services as the vehicles are used during the year. Each location thas had the same number of vehicles and has not changed its rental rates since HCT started operations two years ago. The accounting supervisor in HCT shead Required: 1. If more miles are driven in Year 2 than in Year 1, what should happen to the given items on HCT s income statement in Year 2 (as compared to Year 1 ? Choose increase, decrease, or stay constant. The Tableau dashboard below shows monthly rental revenue, depreciation expense, and repoirs and maintenance expense for the three cities combined. You can use the fiter options in the upper right comer of the dashboard to answer questions 2.4 about each location. Rental Revenue Depreciation Expense Repairs and Maintenance Expense 2. Using the fllter options in the uppot night corner of the Tableau dastiboard, stect NYC. Which depreciation method is used in this city? 3. Using the fiter options in the upper right comer of the Tobleou dashboard, select Austin. Which depreciation method is used in this If city? 4. Using the filter options in the upper right comer of the Tableau donhboard, select Phoenis. Notice the trend in we Repairs and Maintenance Expense occount as compared to the trend in Depreciation Expense. Which of the given statements best explains the changes in these occounts? Complete this quention by entering your answers in the tabs below. If more miles are driven in Year 2 than in Year 1 , what should happen to the following items on HCT's Year 2 (as compared to Year 1 )? Choose increase, decrease, or stay constant. Using the filter options in the upper right corner of the Tableau dashboard, select NYC. W this city? Complete this question by entering your answers in the tabs below. Using the filter options in the upper right corner of the Tableau dashboard, select Austin. W in this city? Using the filter options in the upper right corner of the Tableau dashboard, select Phoenix. Notice the trend In the Maintenance Expense account as compared to the trend in Depreciation Expense. Which of the following best ex changes in these accounts? The vehicles were driven more in the first half of the year than in the last half of the year The vehicles were driven varying amounts but this location adopted a policy in the middle of the year to capitalize rather than expense most costs relating to repairs and maintenance. The location sold a portion of its vehicle fleet in the middle of the year, thereby reducing repairs and maintenance costs. The location did not pay for or accrue repairs and maintenance services obtained during the last month of the year
