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Question - On January 2, 2016, Alpha Company acquired a new machine by signing a 5 year note for $62,000. The estimated service life is eight years and the total units of output to be 200,000. The estimated residual value is $8,000. Production for the first four years was as follows:
Year Units
2016 25,000
2017 30,000
2018 35,000
2019 20,000
Using the double declining balance method, how much is: (Enter only whole dollar values.)
1. the 2019 depreciation expense
2. the accumulate depreciation after the fiscal year 2019 adjusting entry
3. the book value of the truck after the fiscal year 2019 adjusting entry
at the end of the current year acutual manufacturing overhead incurred 1258300 and manufacturing overhead was absorbed
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determine which of the following statements contains the most useful information to help in your decision. explain what
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Journalize the entry to record the period annual and journalize the entry to record the payment of payroll
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