It is important to note that we apply the depreciation rate on the full cost rather than the depreciable cost (cost minus salvage value). Unlike the straight-line method, the double-declining method depreciates a higher portion of the asset’s cost in the early years and reduces the amount of expense charged in later years. For example, if [Continue]

However, if Leed’s actual production for theperiod was only 22,500 units (90% of capacity), the company wouldhave an unfavorable variance of $100. Because at 90% capacityof 22,500 units, the flexible operating budget for supplies wouldbe $1,800 (22,500 units x $0.08). The $1900 actual supplies used is$100 more than the flexible budget amount of $1,800. Variable [Continue]

ED will calculate and disseminate the above metrics for both GE and non-GE programs, meaning that nearly all programs offered by any Title IV participating institution will be potentially subject to the “high debt burden” and “low-earning” designations. (Approved prison education programs and comprehensive transition and postsecondary programs are excluded.) The consequences of those designations [Continue]

These bachelor’s degree programs in the liberal arts offered by proprietary institutions are Eligible Non-GE Programs, but are not GE Programs. Eligible Non-GE Programs financial transparency include all Title IV eligible programs, including degree programs, at public, private non-profit, and proprietary institutions, with the exceptions described above. The Department has delineated an implementation strategy that [Continue]