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1 Question 111 1.5 points On Jan. 2021, Hidd Indstrial Co. aquired a machine for $460,000. It is estimated that the machine will have a
1 Question 111 1.5 points On Jan. 2021, Hidd Indstrial Co. aquired a machine for $460,000. It is estimated that the machine will have a 10-year useful life or 800,000 units over its useful life and its salvage value at the end of useful life is estimated as $60,000. Required: Select the reight depreciation expense for the year ended December 31, 2021, using the Units-of-production method of depreciation assuming that the company produced 42,000 units in 2021. Select the right answer of the following choices $21,000 $40,000 $460,000 $0.5 $42,000
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