Equipment with a cost of $169,109 has an estimated residual value of $7,186 and an estimated...
Equipment with a cost of $169,109 has an estimated residual value of $7,186 and an estimated life of 5 years or 13,671 hours. It is to be depreciated by the straight-line method. What is the amount of depreciation for the first full year, during which the equipment was used for 3,402 hours?
A. $5.00
B. $47.60
C. $32,384.60
D. $40,294.20
Homework Answers
Straight line method depreciation = (cost-residual value)/useful life
= (169109-7186) / 5
=161923/5
=$ 32384.6
ANSWER C
Add Answer to:
Equipment with a cost of $169,109 has an estimated residual
value of $7,186 and an estimated...
Equipment with a cost of $164,572.00 has an estimated residual value of $8,319.00 and an estimated...
Equipment with a cost of $164,572.00 has an estimated residual value of $8,319.00 and an estimated life of 6 years or 14,652 hours. It is to be depreciated by the straight-line method. What is the amount of depreciation for the first full year, during which the equipment was used 3,423 hours? Select the correct answer. $45.65 $26,042.17 $6.00 $36,503.82
Equipment with a cost of $147,501 has an estimated residual value of $7,558 and an estimated...
Equipment with a cost of $147,501 has an estimated residual value of $7,558 and an estimated life of 4 years or 15,022 hours. It is to be depreciated by the straight-line method. What is the amount of depreciation for the first full year, during which the equipment was used for 3.838 hours? Oa. $34,985.75 Ob. $35,754.31 Oc. $36,875.25 Od. $35,790.77
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...
1. Equipment with a cost of $165,850.00 has an estimated residual value of $9,461.00 and an...
1. Equipment with a cost of $165,850.00 has an estimated residual value of $9,461.00 and an estimated life of 3 years or 15,058 hours. It is to be depreciated by the straight-line method. What is the amount of depreciation for the first full year, during which the equipment was used 3,118 hours? Select the correct answer. A.$3.00 B.$32,382.85 C.$50.16 D.$52,129.67 2. A fixed asset with a cost of $23,712 and accumulated depreciation of $21,341 is traded for a similar asset...
2. Equipment with a cost of $130,000 has an estimated residual value of $10,000 and an...
2. Equipment with a cost of $130,000 has an estimated residual value of $10,000 and an estimated life of 5 years or 12,000 It is to be depreciated by the straight-line method. What is the amount of depreciation for the first full year?
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....
Revision of Depreciation Equipment with a cost of $899,100 has an estimated residual value of $89,100,...
Revision of Depreciation Equipment with a cost of $899,100 has an estimated residual value of $89,100, has an estimated useful life of 27 years, and is depreciated by the straight-line method. a. Determine the amount of the annual depreciation. $ b. Determine the book value after 14 full years of use. $ c. Assuming that at the start of the year 15 the remaining life is estimated to be 20 years and the residual value is estimated to be $93,100,...
Equipment with a cost of $130,000 has an estimated residual value of $10,000 and an estimated...
Equipment with a cost of $130,000 has an estimated residual value of $10,000 and an estimated life of 5 years was purchased on October 1st of this year. It is to be depreciated by the straight-line method. What is the amount of depreciation for the first year? $24,000 $6,000 $90,000 $25,000
Revision of Depreciation Equipment with a cost of $496,200 has an estimated residual value of $49,200,...
Revision of Depreciation Equipment with a cost of $496,200 has an estimated residual value of $49,200, has an estimated useful life of 15 years, and is depreciated by the straight-line method. a. Determine the amount of the annual depreciation. $ 29,800 b. Determine the book value after 11 full years of use. C. Assuming that at the start of the year 12 the remaining life is estimated to be 11 years and the residual value is estimated to be $44,100,...
Revision of Depreciation Equipment with a cost of $572,200 has an estimated residual value of $52,000,...
Revision of Depreciation Equipment with a cost of $572,200 has an estimated residual value of $52,000, has an estimated useful life of 18 years, and is depreciated by the straight-line method. a. Determine the amount of the annual depreciation. $ b. Determine the book value after 8 full years of use. $ c. Assuming that at the start of the year 9 the remaining life is estimated to be 16 years and the residual value is estimated to be $56,200,...
Equipment with a cost of $147,501 has an estimated residual value of $7,558 and an estimated life of 4 years or 15,022 hours. It is to be depreciated by the straight-line method. What is the amount of depreciation for the first full year, during which the equipment was used for 3.838 hours? Oa. $34,985.75 Ob. $35,754.31 Oc. $36,875.25 Od. $35,790.77
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...
2. Equipment with a cost of $130,000 has an estimated residual value of $10,000 and an estimated life of 5 years or 12,000 It is to be depreciated by the straight-line method. What is the amount of depreciation for the first full year?
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....
Equipment with a cost of $130,000 has an estimated residual value of $10,000 and an estimated life of 5 years was purchased on October 1st of this year. It is to be depreciated by the straight-line method. What is the amount of depreciation for the first year? $24,000 $6,000 $90,000 $25,000
Revision of Depreciation Equipment with a cost of $496,200 has an estimated residual value of $49,200, has an estimated useful life of 15 years, and is depreciated by the straight-line method. a. Determine the amount of the annual depreciation. $ 29,800 b. Determine the book value after 11 full years of use. C. Assuming that at the start of the year 12 the remaining life is estimated to be 11 years and the residual value is estimated to be $44,100,...
Most questions answered within 3 hours.
-
An explosion breaks a 20.0-kg object into three parts. The
object is initially moving at a...
asked 1 minute ago -
Calculate the approximate number of residues of Rubisco, which
is involved in carbon fixation in plants,...
asked 1 hour ago -
Other decisions about scientific claims can have a much broader
impact.ENERGYarrow-10x10.png, environment, health, security - all...
asked 1 hour ago -
I need to write a research paper and work cited about this
topic: The United States...
asked 2 hours ago -
Hello! I was wondering if I could have some help?
If the vapor pressure of carvone...
asked 2 hours ago -
An economist wants to estimate the mean per capita income (in
thousands of dollars) for a...
asked 2 hours ago -
What would be the input/output characteristic of a circuit
obtained by putting two of your 2's-complementers...
asked 2 hours ago -
In Drosophila, the transition from the syncytial blastoderm
stage to the cellular blastoderm stage is a...
asked 3 hours ago -
Project management question:
Name 3 different types of resources (hint: humans are one
type)
asked 3 hours ago -
Consider the following reaction: C 2H 2( g) + 2H 2( g) C 2H 6(
g)...
asked 3 hours ago -
Consider a 1.0 L buffer containing 0.092 mol L-1 HCOOH and 0.100
mol L-1 HCOO-. What...
asked 3 hours ago -
Koch Realty has owned a vacant land with a FMV of
$775,000 and an adjusted basis...
asked 4 hours ago