Marshall Company purchases a machine for $840,000. The machine
has an estimated residual value of $40,000. The company expects the
machine to produce four million units. The machine is used to make
680,000 units during the current period.
If the units-of-production method is used, the depreciation expense
for this period is:
Depreciation per unit = (Cost - Salvage value) /Life in units
= (840,000-40,000)/4,000,000
= 0.20 per unit
Depreciation for the period = 0.20 * 680,000
= 136,000
Marshall Company purchases a machine for $840,000. The machine has an estimated residual value of $40,000....
Marshall Company purchases a machine for $640,000 . The machine has
an estimated residual value of $100,000 . The company expects the
machine to produce two million units. The machine is used to make
660, 000 units during the current period
Marshall Company purchases a machine for $640,000. The machine has an estimated residual value of $100,000. The company expects the machine to produce two million units. The machine is used to make 660,000 units during the current period. If...
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...
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QUESTION 2 A machine with a cost of $65,000 has an estimated residual value of $5,000 and an estimated life of 5 years or 15,000 hours. It is to be depreciated by the units-of-production method. What is the amount of depreciation for a second full year, during which the machine was used 5,000 hours? O $8,000 O$20,000 $12,000 O $21.667
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