A machine with a cost of 80000 has an estimated residual

Assignment Help Accounting Basics
Reference no: EM13609635

A machine with a cost of $80,000 has an estimated residual value of $5,000 and an estimated life of 5 years or 15,000 hours. It is to be depreciated by the units-of-production method. What is the amount of depreciation for the second full year, during which the machine was used 5,000 hours?

Reference no: EM13609635

Questions Cloud

The author recorded actual temperatures along with : the author recorded actual temperatures along with temperatures that were predicted 5 days earlier. results are listed
Snipe company has been purchasing a component part q for : snipe company has been purchasing a component part q for 19.20 a unit. snipe is currently operating at 70 of capacity
Use a 05 significance level to test the claimignificance : use a .05 significance level to test the claimignificance level to test the claim that paired sample data below come
Saturated vapor at 150 kpa it is heated to 40 c and the : a pistoncylinder .5 kg steel altogether maintaining a constant pressure has .2 kg r134a as saturated vapor at 150 kpa.
A machine with a cost of 80000 has an estimated residual : a machine with a cost of 80000 has an estimated residual value of 5000 and an estimated life of 5 years or 15000 hours.
Consider a particle with initial velocity u that has a : consider a particle with initial velocity u that has a magnitude 12.0 ms and is directed 60.0 degrees above the
Martin buber co purchased land as a factory site for 468000 : martin buber co. purchased land as a factory site for 468000. the process of tearing down two old buildings on the site
Suppose that there is a probability of 01 that a battery : in case of emergency i need a fully charged battery for my flashlight. i find many batteries that i bought one year
If a loss of 12500 is incurred in selling for cash office : if a loss of 12500 is incurred in selling for cash office equipment having a book value of 50000 the total amount

Reviews

Write a Review

Accounting Basics Questions & Answers

  Woodpecker co has 296000 in accounts receivable on january

woodpecker co. has 296000 in accounts receivable on january 1. budgeted sales for january are 860000. woodpecker co.

  Advantages of the small cases division

Which of the following would be considered advantages of the Small Cases Division of the Tax Court?

  In your personal investment portfolio what have you done

in your personal investment portfolio what have you done to minimize unsystematic risk? has it been successful? explain

  What is the total product cost for an item it costs 1115 to

what is the total product cost for an item? it costs 11.15 to produce this includes packaging. below are the important

  New equipments for pay-back period

This equipment replaces old equipment that was sold for $10,000 cash. Ignoring income taxes, the new equipments has a pay-back period of:

  A hurricane completely destroyed duplex the current year

A hurricane completely destroyed her duplex the current year. Julie lived in one-half of the duplex and rented out the other half. Julie paid $400,000 for the duplex and has taken $80,000 of cost recovery on the rental portion of the duplex. Th..

  Kinnear plastics manufactures various components for the

kinnear plastics manufactures various components for the aircraft and marine industry. kinnear buys plastic from two

  A company is using the high-low method and has determined

a company is using the high-low method and has determined the following production for the months of january february

  If an auditor performs a test of controls and determines

if an auditor performs a test of controls and determines that internal controls relevant to cash disbursements are in

  Calculate the average annual dividend per share for each

love theatre inc. owns and operates movie theaters throughout new mexico and utah. love theatre has declared the

  What should be the amount of compensation expense

Prepare journal entries relating to the stock option plan for years 2010, 2011, and 2012. Assume that the employee performance services equally in 2010 and 2011.

  Brown corp is thinking of investing 70000 to start a

brown corp. is thinking of investing 70000 to start a bookstore. brown plans to withdraw 15000 from the business at the

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd