Hello, I really need help with this problem ASAP. Any help is much appreciated and I'll give a thumbs up. Thank you in advance.
Homework Answers
| Depreciation for Year one | 16750 | =(68000-1000)/4 |
| Cost | 68000 | |
| Less: Depreciation for Year one | 16750 | |
| Book value at the point of revision | 51250 | |
| Remaining Depreciable cost | 50250 | =51250-1000 |
| Depreciation per year for years 2 and 3 | 25125 | =50250/2 |
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Hello, I really need help with this problem ASAP. Any help is
much appreciated and I'll...
On January 1, the Matthews Band pays $67,200 for sound equipment. The band estimates it will...
On January 1, the Matthews Band pays $67,200 for sound equipment. The band estimates it will use this equipment for four years and after four years it can sell the equipment for $1,000. Matthews Band uses straight-line depreciation but realizes at the start of the second year that this equipment will last only a total of three years. The salvage value is not changed. Compute the revised depreciation for both the second and third years. Book value at point of...
QS 10-7 Computing revised depreciation LO C2 points On January 1, the Matthews Band pays $65,800...
QS 10-7 Computing revised depreciation LO C2 points On January 1, the Matthews Band pays $65,800 for sound equipment. The band estimates it will use this equipment for four years and after four years it can sell the equipment for $2,000. Matthews Band uses straight-line depreciation but realizes at the start of the second year that this equipment will last only a total of three years. The Salvage value of changed. XS 03:18:20 Compute the revised depreciation for both the...
QS 8-7 Computing revised depreciation LO C2 On January 1, the Matthews Band pays $67,800 for...
QS 8-7 Computing revised depreciation LO C2 On January 1, the Matthews Band pays $67,800 for sound equipment. The band estimates it will use this equipment for five years and after five years it can sell the equipment for $2,000. Matthews Band uses straight-line depreciation but realizes at the start of the second year that this equipment will last only a total of three years. The salvage value is not changed. Compute the revised depreciation for both the second and...
QS 10-5 Computing revised depreciation LO C2 On January 2, 2017, the Matthews Band acquires sound...
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Can I have the steps provided as well QS 10-7 Computing revised depreciation C2 On January...
Can I have the steps provided as well
QS 10-7 Computing revised depreciation C2 On January 1, the Matthews Band pays $65,800 for sound equipment. The band estimates it will use this equipment for four years and after four years it can sell the equipment for $2,000. Matthews Band uses straight-line depreciation but realizes at the start of the second year that this equipment will last only a total of three years. The salvage value is not changed. Compute the...
Hello, this is foer engineering economices. I really really need help with the below problem. I...
Hello, this is foer engineering economices. I really really need
help with the below problem. I will thumbs up for fast and solid
work!
(10 points) In 2015, a company places a manufacturing machine in service. The machine cost $20,000 from the supplier and took another $2000 for installation costs. Create a table showing the book value and MACRS depreciation amount that can be taken each year, for as many years as the machine can be depreciated. 2. Year Depreciation...
Hello, I need help finding the average shear stress, principal stress and max. shear stress of this shape. Any help is greatly appreciated (I'll give a good answer a thumbs up immediately if you l...
Hello, I need help finding the average shear stress, principal
stress and max. shear stress of this shape. Any help is greatly
appreciated (I'll give a good answer a thumbs up immediately if you
like). Thanks.
10 MP 50 MPa
10 MP 50 MPa
On January 1, the Matthews Band pays $65,800 for sound equipment. The band estimates it will use this equipment for four years and perform 200 concerts. It estimates that after four years it can sell the equipment for S2,000. During the first year, the ba
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gnment Saved Help Apex Fitness Club uses straight-line depreciation for a machine costing $30,200, with an...
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i need it to be answered as soon as possible please On January 2, 2017, the...
i need it to be answered as soon as possible please
On January 2, 2017, the Matthews Band acquires sound equipment for concert performances at a cost of $68,400. The band estimates it will use this equipment for four years, during which time it anticipates performing about 200 concerts. It estimates that after four years it can sell the equipment for $1,000. During year 2017, the band performs 45 concerts Compute the year 2017 depreciation using the straight-line method. Straight-Line...
On January 1, the Matthews Band pays $67,200 for sound equipment. The band estimates it will use this equipment for four years and after four years it can sell the equipment for $1,000. Matthews Band uses straight-line depreciation but realizes at the start of the second year that this equipment will last only a total of three years. The salvage value is not changed. Compute the revised depreciation for both the second and third years. Book value at point of...
QS 10-7 Computing revised depreciation LO C2 points On January 1, the Matthews Band pays $65,800 for sound equipment. The band estimates it will use this equipment for four years and after four years it can sell the equipment for $2,000. Matthews Band uses straight-line depreciation but realizes at the start of the second year that this equipment will last only a total of three years. The Salvage value of changed. XS 03:18:20 Compute the revised depreciation for both the...
QS 8-7 Computing revised depreciation LO C2 On January 1, the Matthews Band pays $67,800 for sound equipment. The band estimates it will use this equipment for five years and after five years it can sell the equipment for $2,000. Matthews Band uses straight-line depreciation but realizes at the start of the second year that this equipment will last only a total of three years. The salvage value is not changed. Compute the revised depreciation for both the second and...
QS 10-5 Computing revised depreciation LO C2 On January 2, 2017, the Matthews Band acquires sound equipment for concert performances at a cost of $66,400. The band estimates it will use this equipment for four years. It estimates that after four years it can sell the equipment for $1,000. Matthews Band uses straight-line depreciation but realizes at the start of the second year that due to concert bookings beyond expectations, this equipment will last only a total of three years....
Can I have the steps provided as well
QS 10-7 Computing revised depreciation C2 On January 1, the Matthews Band pays $65,800 for sound equipment. The band estimates it will use this equipment for four years and after four years it can sell the equipment for $2,000. Matthews Band uses straight-line depreciation but realizes at the start of the second year that this equipment will last only a total of three years. The salvage value is not changed. Compute the...
Hello, this is foer engineering economices. I really really need
help with the below problem. I will thumbs up for fast and solid
work!
(10 points) In 2015, a company places a manufacturing machine in service. The machine cost $20,000 from the supplier and took another $2000 for installation costs. Create a table showing the book value and MACRS depreciation amount that can be taken each year, for as many years as the machine can be depreciated. 2. Year Depreciation...
Hello, I need help finding the average shear stress, principal
stress and max. shear stress of this shape. Any help is greatly
appreciated (I'll give a good answer a thumbs up immediately if you
like). Thanks.
10 MP 50 MPa
10 MP 50 MPa
gnment Saved Help Apex Fitness Club uses straight-line depreciation for a machine costing $30,200, with an estimated four-year life and a $2,400 salvage value. At the beginning of the third year, Apex determines that the machine has three more years of remaining useful life, after which it will have an estimated $1,950 salvage value. Required: 1. Compute the machine's book value at the end of its second year. 2. Compute the amount of depreciation for each of the final three...
i need it to be answered as soon as possible please
On January 2, 2017, the Matthews Band acquires sound equipment for concert performances at a cost of $68,400. The band estimates it will use this equipment for four years, during which time it anticipates performing about 200 concerts. It estimates that after four years it can sell the equipment for $1,000. During year 2017, the band performs 45 concerts Compute the year 2017 depreciation using the straight-line method. Straight-Line...
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