Homework Answers
Depreciation per year = (Cost - Salvage value) /Useful life
= (16,200-3960)/8
= 1530 pet year
Accumulated Depreciation = 1530 * 2 years
= 3060
Option B is the answer
Add Answer to:
A machine has a cost of $16,200, an estimated residual value of $3,960, and an estimated...
A machine with a cost of $61,232.00 has an estimated residual value of $4,251.00 and an...
A machine with a cost of $61,232.00 has an estimated residual value of $4,251.00 and an estimated life of 6 years or 18,802 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 4,277 hours? Do not round your intermediate calculations. O$9,496.83 O$18,993.67 O $13,928.80 O$12,961.80
A machine that cost $780,000 has an estimated residual value of $60,000 and an estimated useful...
A machine that cost $780,000 has an estimated residual value of $60,000 and an estimated useful life of six years. The company uses straight-line depreciation. Calculate its book value at the end of year 5. (Do not round intermediate calculations.) Value
A machine with a cost of $71,916.00 has an estimated residual value of $4,607.00 and an...
A machine with a cost of $71,916.00 has an estimated residual value of $4,607.00 and an estimated life of 3 years or 15,449 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 4,145 hours? Select the correct answer. $18,059.15 $22,436.33 $19,295.22 $44,872.67 Equipment with a cost of $168,104.00 has an estimated residual value of $9,445.00 and an estimated life of 6 years...
Revision of Depreciation A building with a cost of $540,000 has an estimated residual value of...
Revision of Depreciation A building with a cost of $540,000 has an estimated residual value of $108,000, has an estimated useful life of 18 years, and is depreciated by the straight-line method. a. What is the amount of the annual depreciation? Do not round intermediate calculations. $ b. What is the book value at the end of the tenth year of use? $ c. If at the start of the eleventh year it is estimated that the remaining life is...
Revision of Depreciation A building with a cost of $375,000 has an estimated residual value of...
Revision of Depreciation A building with a cost of $375,000 has an estimated residual value of $150,000, has an estimated useful life of 9 years, and is depreciated by the straight-line method. a. What is the amount of the annual depreciation? Do not round intermediate calculations. $ b. What is the book value at the end of the fifth year of use? $ c. If at the start of the sixth year it is estimated that the remaining life is...
A machine with a cost of $105 000 has an estimated residual value of $5 000...
A machine with a cost of $105 000 has an estimated residual value of $5 000 and an estimated life of eight years or 10 000 hours. It is to be depreciated by the units-of-activity method. What is the amount of depreciation for the second full year, during which the machine was used 6 000 hours? $60,000 $75,000 $16,000 $5,000
A machine that cost $170,000 has an estimated residual value of $17,000 and an estimated useful...
A machine that cost $170,000 has an estimated residual value of $17,000 and an estimated useful life of four years. The company uses double-declining-balance depreciation. Calculate its book value at the end of year 3. (Do not round intermediate calculations.)
Equipment with a cost of \$707.9 has an estimated residual value of \$64,400 , has an...
Equipment with a cost of \$707.9 has an estimated residual value of
\$64,400 , has an estimated useful life of 45 years, and is
depreciated by the straight line method
Equipment with a cost of $707,900 has an estimated residual value of $64,400, has an estimated useful life of 45 years, and is depreciated by the straight-line method. a. Determine the amount of the annual depreciation. 14,300 b. Determine the book value after 24 full years of use. $364,700 c....
A machine with a cost of $64,845.00 has an estimated residual value of $4,663.00 and an...
A machine with a cost of $64,845.00 has an estimated residual value of $4,663.00 and an estimated life of 7 years or 19,813 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 4,390 hours? Select the correct answer $13,334.63 $8,597.43 $14,367.82 $17.194.86 o pet se delete backspac
A machine that cost $494,000 has an estimated residual value of $19,000 and an estimated useful...
A machine that cost $494,000 has an estimated residual value of $19,000 and an estimated useful life of 19,000 machine hours. The company uses units-of-production depreciation and ran the machine 4,000 hours in year 1, 6,000 hours in year 2, and 6,000 hours in year 3. Calculate its book value at the end of year 3. (Do not round intermediate calculations.) Book Value
A machine with a cost of $61,232.00 has an estimated residual value of $4,251.00 and an estimated life of 6 years or 18,802 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 4,277 hours? Do not round your intermediate calculations. O$9,496.83 O$18,993.67 O $13,928.80 O$12,961.80
A machine that cost $780,000 has an estimated residual value of $60,000 and an estimated useful life of six years. The company uses straight-line depreciation. Calculate its book value at the end of year 5. (Do not round intermediate calculations.) Value
A machine with a cost of $71,916.00 has an estimated residual value of $4,607.00 and an estimated life of 3 years or 15,449 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 4,145 hours? Select the correct answer. $18,059.15 $22,436.33 $19,295.22 $44,872.67 Equipment with a cost of $168,104.00 has an estimated residual value of $9,445.00 and an estimated life of 6 years...
Equipment with a cost of \$707.9 has an estimated residual value of
\$64,400 , has an estimated useful life of 45 years, and is
depreciated by the straight line method
Equipment with a cost of $707,900 has an estimated residual value of $64,400, has an estimated useful life of 45 years, and is depreciated by the straight-line method. a. Determine the amount of the annual depreciation. 14,300 b. Determine the book value after 24 full years of use. $364,700 c....
A machine with a cost of $64,845.00 has an estimated residual value of $4,663.00 and an estimated life of 7 years or 19,813 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 4,390 hours? Select the correct answer $13,334.63 $8,597.43 $14,367.82 $17.194.86 o pet se delete backspac
A machine that cost $494,000 has an estimated residual value of $19,000 and an estimated useful life of 19,000 machine hours. The company uses units-of-production depreciation and ran the machine 4,000 hours in year 1, 6,000 hours in year 2, and 6,000 hours in year 3. Calculate its book value at the end of year 3. (Do not round intermediate calculations.) Book Value
Most questions answered within 3 hours.
-
At the start of a CD it is spinning at a rate of 525 rpm
(revolutions...
asked 11 seconds ago -
4. Without doing any calculations, predict whether the observed
∆T would increase, decrease or remain the...
asked 1 hour ago -
Based on the range, which of the following sets of scores has
the greatest variability? 3,...
asked 2 hours ago -
Ripples in a pond travel at a velocity of 3 m/s with one peak
passing a...
asked 2 hours ago -
A man stands on the roof of a building of height 13.0 mm and
throws a...
asked 2 hours ago -
The extent to which assets are financed by borrowed funds and
other liabilities is indicated by:...
asked 3 hours ago -
Explain in detail
Germany is the fifth largest economy
explain what goods and services Germany specializes...
asked 3 hours ago -
The density of platinum is 21.45 g/mL. If a cube of platinum
with a mass of...
asked 3 hours ago -
Accounts Receivable
Sales
A/R Posting
Extended Sales Invoice
Packing Slip
Compare invoice to packing slip 2...
asked 3 hours ago -
Michaella, age 23, is a full-time law student and is claimed by
her parents as a...
asked 3 hours ago -
Why are polymers not typically casted into products?
asked 4 hours ago -
When rolling a die 129 times, what is the probability of rolling
a 6 no more...
asked 4 hours ago