Homework Answers
Answer
- All working forms part of the answer
- Working
|
A |
Cost |
$ 47,000.00 |
|
B |
Residual Value |
$ 6,700.00 |
|
C=A - B |
Depreciable base |
$ 40,300.00 |
|
D |
Usage |
310,000 units |
|
E |
Depreciation per ….. |
$ 0.13 per unit |
- Answer
|
Chose Numerator |
Choose Denominator |
Annual Depreciation expense |
|
(Cost - Salvage Value) or Depreciable base |
Total expected units to be produced |
Depreciation expense per unit |
|
[(47000 - 6700)] or $ 40,300 |
310,000 units |
$ 0.13 |
|
Year |
Annual Production (units) |
Depreciation Expense |
|
2 |
36000 units |
$ 4,680 [36000 x 0.13] |
Add Answer to:
life is estimated at 10 years, or 310,000 units of product, with a $6,700 salvage value....
Exercise 8-5 Units-of-production depreciation LO P1 Ramirez Company installs a computerized manufacturing machine in its factory...
Exercise 8-5 Units-of-production depreciation LO P1 Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $52,500. The machine's useful life is estimated at 5 years, or 415,000 units of product, with a $11,000 salvage value. During its second year, the machine produces 41,500 units of product. Determine the machine's second-year depreciation using the units-of-production method. Units-of-production Depreciation Choose Denominator: = Choose Numerator: Annual Depreciation Expense Depreciation expense per unit...
Required information [The following information applies to the questions displayed below.) Ramirez Company installs a computerized...
Required information [The following information applies to the questions displayed below.) Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $43,500. The machine's useful life is estimated at 10 years, or 385.000 units of product, with a $5,000 salvage value. During its second year, the machine produces 32,500 units of product. Determine the machine's second-year depreciation and year end book value under the straight line method. Straight-Line Depreciation Choose...
Required information [The following information applies to the questions displayed below.) Ramirez Company installs a computerized...
Required information [The following information applies to the questions displayed below.) Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $49,000. The machine's useful life is estimated at 10 years, or 400,000 units of product, with a $9,000 salvage value. During its second year, the machine produces 34,000 units of product. Determine the machine's second-year depreciation and year end book value under the straight-line method. Straight Line Depreciation Choose...
I am not understanding, where am I going wrong? The following information applies to the questions...
I am not understanding, where am I going wrong?
The following information applies to the questions displayed below) Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $43,500. The machine's useful life is estimated at 10 years, or 385,000 units of product, with a $5,000 salvage value. During its second year, the machine produces 32,500 units of product. Exercise 8-5 Units-of-production depreciation LO P1 Determine the machine's second year...
Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year...
Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $47,500. The machine's useful life is estimated at 10 years, or 405,000 units of product, with a $7,000 salvage value. During its second year, the machine produces 34,500 units of product. Exercise 8-5 Units-of-production depreciation LO P1 Determine the machine's second-year depreciation using the units-of-production method. Units of production Depreciation Choose Denominator: Choose Numerator: Annual Depreciation Expense Depreciation expense per...
Required information The following information applies to the questions displayed below! Ramirez Company installs a computerized...
Required information The following information applies to the questions displayed below! Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $80,600. The machine's useful life is estimated at 10 years or 388.000 units of product, with a $3,000 salvage value. During its second year, the machine produces 32.800 units of product Determine the machine's second-year depreciation using the units of production method. Choose Numerator: Units of production Depreciation Choose...
Required information [The following information applies to the questions displayed below.] Ramirez Company installs a computerized...
Required information [The following information applies to the questions displayed below.] Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $44,200. The machine's useful life is estimated at 10 years, or 392,000 units of product, with a $5,000 salvage value. During its second year, the machine produces 33,200 units of product Determine the machine's second-year depreciation using the units-of-production method. Determine the machine's second-year depreciation using the units-of-production method....
Required information [The following information applies to the questions displayed below.] Ramirez Company installs a c...
Required information [The following information applies to the questions displayed below.] Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $44,200. The machine's useful life is estimated at 10 years, or 392,000 units of product, with a $5,000 salvage value. During its second year, the machine produces 33,200 units of product. Determine the machine's second-year depreciation using the units-of-production method. Units-of-production Depreciation Annual Depreciation Expense Choose Numerator: Choose Denominator:...
3 Check my work Required Information (The following information applies to the questions displayed below.) Ramirez...
3 Check my work Required Information (The following information applies to the questions displayed below.) Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $43,500. The machine's useful life is estimated at 10 years, or 385,000 units of product, with a $5,000 salvage value. During its second year, the machine produces 32,500 units of product. Part 2 of 2 10 points Determine the machine's second-year depreciation using the units-of-production...
Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year...
Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $84,200. The machine's useful life is estimated at 20 years, or 391,000 units of product, with a $6,000 salvage value. During its second year, the machine produces 33,100 units of product. Exercise 10-5 Units-of-production depreciation LO P1 Determine the machine's second-year depreciation using the units-of-production method. Choose Numerator: Units-of-production Depreciation 7 Choose Denominator: = = Annual Depreciation Expense Depreciation expense...
Exercise 8-5 Units-of-production depreciation LO P1 Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $52,500. The machine's useful life is estimated at 5 years, or 415,000 units of product, with a $11,000 salvage value. During its second year, the machine produces 41,500 units of product. Determine the machine's second-year depreciation using the units-of-production method. Units-of-production Depreciation Choose Denominator: = Choose Numerator: Annual Depreciation Expense Depreciation expense per unit...
Required information [The following information applies to the questions displayed below.) Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $43,500. The machine's useful life is estimated at 10 years, or 385.000 units of product, with a $5,000 salvage value. During its second year, the machine produces 32,500 units of product. Determine the machine's second-year depreciation and year end book value under the straight line method. Straight-Line Depreciation Choose...
Required information [The following information applies to the questions displayed below.) Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $49,000. The machine's useful life is estimated at 10 years, or 400,000 units of product, with a $9,000 salvage value. During its second year, the machine produces 34,000 units of product. Determine the machine's second-year depreciation and year end book value under the straight-line method. Straight Line Depreciation Choose...
I am not understanding, where am I going wrong?
The following information applies to the questions displayed below) Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $43,500. The machine's useful life is estimated at 10 years, or 385,000 units of product, with a $5,000 salvage value. During its second year, the machine produces 32,500 units of product. Exercise 8-5 Units-of-production depreciation LO P1 Determine the machine's second year...
Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $47,500. The machine's useful life is estimated at 10 years, or 405,000 units of product, with a $7,000 salvage value. During its second year, the machine produces 34,500 units of product. Exercise 8-5 Units-of-production depreciation LO P1 Determine the machine's second-year depreciation using the units-of-production method. Units of production Depreciation Choose Denominator: Choose Numerator: Annual Depreciation Expense Depreciation expense per...
Required information The following information applies to the questions displayed below! Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $80,600. The machine's useful life is estimated at 10 years or 388.000 units of product, with a $3,000 salvage value. During its second year, the machine produces 32.800 units of product Determine the machine's second-year depreciation using the units of production method. Choose Numerator: Units of production Depreciation Choose...
Required information [The following information applies to the questions displayed below.] Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $44,200. The machine's useful life is estimated at 10 years, or 392,000 units of product, with a $5,000 salvage value. During its second year, the machine produces 33,200 units of product Determine the machine's second-year depreciation using the units-of-production method. Determine the machine's second-year depreciation using the units-of-production method....
Required information [The following information applies to the questions displayed below.] Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $44,200. The machine's useful life is estimated at 10 years, or 392,000 units of product, with a $5,000 salvage value. During its second year, the machine produces 33,200 units of product. Determine the machine's second-year depreciation using the units-of-production method. Units-of-production Depreciation Annual Depreciation Expense Choose Numerator: Choose Denominator:...
3 Check my work Required Information (The following information applies to the questions displayed below.) Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $43,500. The machine's useful life is estimated at 10 years, or 385,000 units of product, with a $5,000 salvage value. During its second year, the machine produces 32,500 units of product. Part 2 of 2 10 points Determine the machine's second-year depreciation using the units-of-production...
Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $84,200. The machine's useful life is estimated at 20 years, or 391,000 units of product, with a $6,000 salvage value. During its second year, the machine produces 33,100 units of product. Exercise 10-5 Units-of-production depreciation LO P1 Determine the machine's second-year depreciation using the units-of-production method. Choose Numerator: Units-of-production Depreciation 7 Choose Denominator: = = Annual Depreciation Expense Depreciation expense...
Most questions answered within 3 hours.
-
Write a C++ program that will convert distance measurements from
miles to kilometers. Specifically, the program...
asked 26 seconds from now -
Given the following stresses (in MP a); in each case:
(a) Find the principal stresses σ1;...
asked 3 minutes ago -
You are one of the first engineers hired into the
manufacturing engineering department at a brand...
asked 8 minutes ago -
Suppose car models A, B, and C are popular among drivers.
Suppose 12% of the drivers...
asked 26 minutes ago -
write a program that finds the number of zeros in an 8-bit data
item using assembly...
asked 26 minutes ago -
Which statement is always true: The total energy of a closed
system...
A) is always equally...
asked 40 minutes ago -
find the critical value associated with a right sided hypothesis of
the mean using a sample...
asked 2 hours ago -
Which of the following statements is true with respect to a
simple linear regression model?
a....
asked 3 hours ago -
The energy required to remove an electron from a surface of a
solid element is called...
asked 4 hours ago -
How would you train your employees to avoid risks of using
mobile devices?
asked 5 hours ago -
Assume Kw = 1.01 ✕ 10−14
For pure water, we can calculate [H3O+ ] = [OH...
asked 6 hours ago -
Suppose that on a temperature scale X, water boils at 203.0°X
and freezes at -105.7°X. What...
asked 6 hours ago