Estimated total machine hours

Assignment Help Accounting Basics
Reference no: EM132103749

Question - What would be the depreciation expense in year 1, using units-of-production, for a molding machine that cost $18,000, had a useful life of 3 years, and an estimated total machine hours of 36,000? The salvage value is $3,000 and production in year 1 was 10,000 hours.

1. $5,000

2. $4,167

3. $6,000

4. $2,167

Reference no: EM132103749

Questions Cloud

What is the payback period : After the three years, the value is expected to be zero. What is the payback period?
Prepare mitchell journal entries to record the events : Turner also reports $30,000 in unrealized losses on AFS securities and pays dividends of $240,000 in 2017. Prepare Mitchell journal entries to record the events
How is gendered subjectivity expressed in xia yus poem : Can we read the three poems by Li Qingzhao, Shu Ting, and Xia Yu, as gendered?How is gendered subjectivity expressed in Xia Yu's poem?
What does the bond currently sell for : It has a YTM of 6% and the coupons are paid semiannually at a 11% annual rate. What does the bond currently sell for? (Show workings)
Estimated total machine hours : What would be the depreciation expense in year 1, using units-of-production, and an estimated total machine hours of 36,000
How do high tang writers express subjectivity in their poem : How do High Tang writers express subjectivity in their poems? Please base your answer on examples from the four poems.
What is the role of the variable cost : What is the role of the variable cost in the break-even analysis?
What energy in kev is given to the electron : An electron is to be accelerated in a uniform electric field having a strength of 1.70 x 106 V/m. What energy in keV is given to the electron.
Consider a bond with a coupon rate : Consider a bond with a coupon rate of 7% and a face value of $1,000. Coupons are paid semi-annually

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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