Find what is the amount of depreciation for second full year

Assignment Help Managerial Accounting
Reference no: EM132810113

Problem 1: A machine with a cost of $70,368.00 has an estimated residual value of $4,193.00 and an estimated life of 4 years or 15,745 hours. It is to be depreciated by the units-of-output method. What is the amount of depreciation for the second full year, during which the machine was used 4,483 hours?

Reference no: EM132810113

Questions Cloud

What is swimkids margin of safety : Swimkids variable costs are $18 per unit. Fixed costs are $88,900. Swimkids expects sales of $278,000 next year. What is Swimkids's margin of safety
How labor relations could be managed effectively : 1. Define and explain how labor relations could be managed effectively.
What is the unpaid balance of the installment receivable : Principal, such equal payments are calculated to be P211,164.15. What is the unpaid balance of the installment receivable on January 31,2016?
What is the total collection on jan : Barry is to make monthly payments of P200,000 plus interest on the unpaid balance at 12%. What is the total collection on Jan 31, 2016?
Find what is the amount of depreciation for second full year : What is the amount of depreciation for the second full year, during which the machine was used 4,483 hours? A machine with a cost of $70,368.00
Weave tech high-performance change : 1. Explore change in high-performing organizations? How does a company change in order to continue its success when market conditions change?
What amount the company would report as labour expense : At the end of the year the company still owed a $25,000 performance bonus to one employee. The amount the company would report as labour expense for 2007 is
Discuss the challenges on integrating spirituality at work : Discuss the challenges on Integrating Spirituality at work? Do you think that a line should be drawn between religion and work? Discuss.
What is the payback period for the project : This is expected to result in additional cash flows of $1,205,000 million over the next 7 years. What is the payback period for this project?

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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