Engineering Economy: A machine purchased for $45,000, has a depreciable life of 4 years. It will ...
Engineering Economy:
A machine purchased for $45,000, has a depreciable life of 4 years. It will have an expected salvage value of $5,000 at the end of the depreciable life.
a.) Using SL method, what is the book value at the end of year 3?
b.) Using DDB, what is the depreciation amount for year 4?
c.)Assume that salvage value is 0. Using DDB with switch to SL, wht is the book value at the end of year 4?
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Engineering Economy: A machine purchased for $45,000, has a depreciable life of 4 years. It will ...
A machine purchased for $50,000 has a depreciable life of four years. It will have an...
A machine purchased for $50,000 has a depreciable life of four years. It will have an expected salvage value of $ 6,000 at the end of the depreciable life. 1. Using the straight-line method, what is the book value at the end of year 2? a. $27,000 b. $ 28,000 c. $35,000 d. $25,000 2. If the double-declining balance (200% DB) method is used, what is the depreciation amount for year 2? a. $10,000 b. $12,500 c. $20,000 d. $17,500...
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EASY DEPRECIATION PROBLEMS TOTAL SCORE n 10 ohnson Company purchased a machine on January 1, 2018. Use the following data to compute the items specified below There are 5 problems in this set. Choose a number from 1 to 5: $11 COST: SALVAGE VALUE LIFE YEARS ANSWER EACH OF THE FOLLOWING GRADE DDB RATE 7 DEPRECIATION EXPENSE IN YEAR 1 (DDB) 8 BOOK VALUE END OF YEAR 1 9 BOOK VALUE...
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s A company bought a machine for $4,000 that has an estimated salvace value of $1,000 at the end o -year useful life. Compute the depreciation schedule and the book value schedule using. a) Double declining balance depreciation (2 pts) 2 (4000) = 1333.3 YEAR DDB Dep 1333-3 888. a 592.6 395.06 2638 Tyth.58 D DB BV 444.43 294.3 197.53 131.66 ² (26667 ) = 888.9 2 (1777.8) = 592.6 3 (1185-2)=395.06...
8. A company purchased a machine for $190.000. The machine has a useful life of 8 produce 750,000 units over its useful life. Determine depreciation expense when output is 109,000 units A. $25,200. 8. $26,160 С. $ 26,660. D. $27,613. E. $53,160 years, a residual value of $10,000, and can deprecilation method in which a plant asset's depreciation depreciation rate to the asset's beginning-of-period book value is called A. Book value depreciation B. Declining-balance depreciation. C. Straight-ine depreciation. D. Units-of-production...
On January 1, Year 1, Fukisan purchased a new piece of
equipment for specialized-furniture manufacturing at a cost of
$300,000, inclusive of shipping and installation. At the time of
purchase, the equipment had an estimated useful life of 15 years
and an expected salvage value of $10,000 at the end of the 15
years.
For future budgeting purposes, Eric Anderson, CFO of Fukisan
Inc. has asked you to perform the depreciation expense calculations
for Year 2, Year 3, and Year...
Need help with the rest... with formulas please ?
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