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A light bulb manufacture purchased machines for $15,000 and used the machines for 4 years making 90,000 light bulbs. Machines were worth $2,000 at the

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A light bulb manufacture purchased machines for $15,000 and used the machines for 4 years making 90,000 light bulbs. Machines were worth $2,000 at the end of their life. The first year, 15,000 light bulbs were made and the second year 20,000 light bulbs were made. Under the Straight line-method, the depreciation costs for the first two years of business was $3,375 per year for both years True @ False A light bulb manufacture purchased machines for $15,000 and used the machines for 4 years making 90.000 light bulbs. Machines were worth $2,000 at the end of their life. The first year, 15.000 light bulbs were made and the second year 20,000 light bulbs were made. Under the Straight line-method, the depreciation costs for the first two years of business was $3,375 per year for both years. Using the units-of-production method, the cost per light bulb is $.25 True False po A light bulb manufacture purchased machines for $15,000 and used the machines for 4 years making 90,000 light bulbs. Machines were worth $2,000 at the end of their life. The first year. 15.000 light bulbs were made and the second year 20,000 light bulbs were made. Under the Straight line method the depreciation costs for the first two years of business was $3,375 per year for both ycars. Year one expense is $2,250 True False A light bulb manufacture purchased machines for $15,000 and used the machines for 4 years making 90,000 light bulbs. Machines were worth $2,000 at the end of their life. The first year, 15,000 light bulbs were made and the second year 20,000 light bulbs were made. Under the Straight line-method, the depreciation costs for the first two years of business was $3,375 per year for both yours. Year two expense is $3,200. True False

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