Reference no: EM132406723
Question
Ayayai Company purchased machinery for $161,700 on January 1, 2017. It is estimated that the machinery will have a useful life of 20 years, salvage value of $14,700, production of 79,400 units, and working hours of 43,700.
During 2017, the company uses the machinery for 20,102 hours, and the machinery produces 24,614 units. Compute depreciation under the straight-line, units-of-output, working hours, sum-of-the-years'-digits, and double-declining-balance methods. (Round intermediate calculations to 5 decimal places, e.g. 1.56487 and final answers to 0 decimal places, e.g. 5,125.)
Depreciation
Straight-line$
Units-of-output$
Working hours$
Sum-of-the-years'-digits$
Double-declining-balance$
|
How would you create a journal entry to record impairment
: The Johnson Division's net assets, including the goodwill, have a carrying amount of $650,000. The fair value of the division is estimated to be $620,000.
|
|
Calculate confidence intervals for quantitative variable
: Calculate confidence intervals for the quantitative variables in the Heart Rate Dataset - calculate the margin of error given as the "confidence interval".
|
|
What is the efficient market hypothesis in capital market
: What is the efficient market hypothesis in capital market research and what are the assumptions about efficiency that are typically adopted in capital markets.
|
|
Compute the total amount to be reported by larkspur
: On the basis of this information, compute the total amount to be reported by Larkspur for intangible assets on its balance sheet at year-end.
|
|
Compute depreciation under the straight-line
: Compute depreciation under the straight-line, units-of-output, working hours, sum-of-the-years'-digits, and double-declining-balance methods.
|
|
What before-tax amount should mercedes report as loss
: What before-tax amount should Mercedes report as loss on discontinued operations in its 2018 income statement?
|
|
Determine the two limits to market value that should be used
: Determine The two limits to market value that should be used in the lower-of-cost-or-market computation for skis and The cost amount that should be used.
|
|
ACF315 International Financial Management Assignment
: ACF315 International Financial Management Assignment Help and Solution, University of Plymouth - Assessment Writing Service - What is the initial value
|
|
Compute the sales price variance and sales volume variance
: Comp Wiz sells computers. During May, it sold 400 computers at a $900 average price each. The May fixed budget included sales of 450 computers.
|